Quebec is technically falling into recession, but the Legault government continues to talk about an economic slowdown. The Quebec Institute of Statistics (ISQ) has just published data for the third quarter of 2023. Gross domestic product (GDP) fell by 0.2%. In the previous quarter, GDP also fell, but by 0.4%. Since this is the second … [Read more…]
“It is impossible to answer this question at this point,” admitted the Ministry of Economic Affairs The newspaper wanted to know how many millions of dollars in public money Quebec could lose by restructuring the textile company Duvaltex. In three years (from 2018 to 2021), Duvaltex and its subsidiary Armfoam received loans worth $42 million … [Read more…]
After appointing a friend, Guy LeBlanc, to head Investissement Québec (IQ), Minister Pierre Fitzgibbon chose the state-owned company’s No. 2, Bicha Ngo, to take over the reins. • Also read: Future manager of the battery sector: The Legault government is looking for a new head of Investissement Québec • Also read: Three bosses earn more … [Read more…]
AtkinsRéalis (formerly SNC-Lavalin) will participate and share its expertise in the design of the world’s largest modern city center in Riyadh, Saudi Arabia. • Also read: SNC-Lavalin changes its name to AtkinsRéalis The Quebec company was hired by the New Murabba Development Company (NMDC) to support the design of the New Murabba Project, a gigantic … [Read more…]
Here’s another revelation of the talents that abound in Quebec: the role-playing game (RPG). Sea of stars which won the award for Best Independent Game at the Game Awards 2023 (TGA) earlier this month now has more than 4 million players since its launch. The Game Awards List of candidates for the best independent game … [Read more…]
Here’s another revelation of the talent that abounds in Quebec, the game Sea of stars won the award for best independent game at the Game Awards 2023 (TGA) at the beginning of the month and now the Studio sabotage announced that the role-playing game (RPG) has more than 4 million players since its launch. List … [Read more…]
“The success of LeddarTech will be Quebecois,” proclaims proudly Newspaper the automotive software technology chief who is floating on the NASDAQ today at a valuation of $465 million, looking to overtake Tesla thanks to his intellectual property developed here. “Tesla’s technology has not been tested under all conditions and in all environments,” Frantz Saintellemy, president … [Read more…]
When he played football, Jean-Philippe Robert charged at his opponents with intensity and determination. Today, he and his two brothers run their high-quality winter coat company, Quartz Co., in the same way. The 39-year-old discovered his entrepreneurial spirit during his studies by selling printed T-shirts for student and sports clubs. A little experiment that gave … [Read more…]
The largest solar flare in six years occurred on Thursday, causing disruptions in radio communications on Earth for about two hours. • Also read: NASA mysteriously loses contact with its Voyager 1 spacecraft • Also read: New key elements for life discovered on a moon of Saturn • Also read: Gyrostim: a device like NASA’s … [Read more…]
The Remparts de Québec began their trip to Baie-Comeau with a 6-1 loss to the Drakkar on Friday night. In this first of two games in as many nights at the Henry-Leonard Center, the crowd favorites opened the machine in the third period. Julien Paillé ensured a 1-1 draw right at the start of the … [Read more…]