The CEO of Investissement Québec (IQ) recognizes the “economic risk” of pouring more than $2.7 billion of public money into the battery sector, but assures that he has actually “done his homework” to all the risks understand, even if it was not the case Request a study on the subject. “It’s a damn good deal. … [Read more…]
Monday, November 27, 2023, 12:26 a.m. EST Beijing Stock Exchange asks major shareholders of listed companies not to reduce their holdings: Portal The Beijing Stock Exchange has urged major shareholders of listed companies not to reduce their holdings even if they are entitled to do so, Portal reported. Citing people familiar with the matter, Portal … [Read more…]
If the Legault government no longer has the means to pay public sector employees better, it is because of the money given to Quebecers, particularly through tax cuts and checks given to Quebecers before the last election , claim liberals and PQists. • Also read: Poll: Legault is aware that Quebecers are ‘angry’ with him … [Read more…]
Despite the influx of billions of dollars of public money into the battery sector, in two years Investissement Québec (IQ) has not produced a significant document on the various risks linked to this strategy dear to the Legault government, which experts denounce. • Also read: Quebec requests a BAPE from Northvolt, which welcomes the news … [Read more…]
There is a real race against time in Quebec to fill 14,000 paid jobs in the mining sector by 2028. “We have to eat crusts. We have work to do. It will depend on the shops opening.” • Also read: Strong criticism of our shift towards the electric battery sector The coordinator of the National … [Read more…]
“We could have made much smarter decisions, probably spending less money for better results,” said an economics professor, who not only accuses the Legault government of building the battery sector “from nothing,” but also our SMEs from their employees to benefit foreign companies who are subsidized with billions of dollars. • Also read: Northvolt will … [Read more…]
The Trudeau government is introducing a cap-and-trade system for greenhouse gas emissions in the oil and gas sector that will force reductions of 35 to 38 percent starting in 2030 compared to the high levels of 2019. Given the 171 megatons of CO2 released in 2019, Ottawa wants to increase the amount to 106 or … [Read more…]
While the battery sector is still “very young,” the Legault government is looking for a new head of Investissement Québec (IQ). • Also read: Battery sector: “It is certain that it represents an economic risk,” acknowledges the CEO of Investissement Québec • Also read: Investissement Québec: Two executives are leaving the state’s finance department • … [Read more…]
After Simon Thibault, who moved to General Motors (GM), Audrey-Anne Desaulniers, another battery sector employee from Investissement Québec (IQ), made the jump to the private sector, but this time in wind power, pointed out The newspaper. Last Tuesday, Audrey-Anne Desaulniers, who worked as a battery sector advisor at Investissement Québec from October 2022 to November … [Read more…]