Close X
Monday, November 11, 2024
ADVT 
National

Parti Quebecois Leader Pierre Karl Peladeau Says Quebecor Shares Put In Trust

The Canadian Press, 10 Sep, 2015 12:30 PM
  • Parti Quebecois Leader Pierre Karl Peladeau Says Quebecor Shares Put In Trust
QUEBEC — Parti Quebecois Leader Pierre Karl Peladeau says he is placing his controlling shares of Quebecor Inc. into a trust administered by a well-known financier.
 
Peladeau says the trust must be approved by federal telecommunications authorities.
 
The PQ leader has come under intense criticism from his political opponents who accuse him of being in a conflict of interest for holding office and being the controlling shareholder of Quebec's dominant media company.
 
Premier Philippe Couillard has said Peladeau must choose between business and politics while third-party leader Francois Legault has urged him to sell the shares.
 
Peladeau wrote on his Facebook page today the trust will be administered by Claude Beland, a former president of the Mouvement Desjardins financial co-operative, as well as lawyer James A. Woods and businessman Andre P. Brosseau.
 
The PQ leader added he signed a declaration stating he wouldn't intervene in the editorial direction of the news properties owned by Quebecor (TSX:QBR.B).

MORE National ARTICLES

Canadian Couple Document Centuries-Old Oral Language In Effort To Sustain It

Canadian Couple Document Centuries-Old Oral Language In Effort To Sustain It
Erik Anonby and Christina van der Wal have dedicated nearly a decade to comprehensively documenting the language of Kumzari in a way no one appears to have done before.

Canadian Couple Document Centuries-Old Oral Language In Effort To Sustain It

Two Drown In St. Lawrence Near Cornwall In Suspected Human Smuggling Attempt

Two Drown In St. Lawrence Near Cornwall In Suspected Human Smuggling Attempt
CORNWALL, Ont. — Two men have drowned in the St. Lawrence River near Cornwall, Ont, in what authorities suspect was a failed human smuggling attempt.

Two Drown In St. Lawrence Near Cornwall In Suspected Human Smuggling Attempt

Unions Need To Present Better Case To The Public In Rights Battle: Labour Leader Hassan Yussuff

Unions Need To Present Better Case To The Public In Rights Battle: Labour Leader Hassan Yussuff
Canadian Labour Congress president Hassan Yussuff said more has to be done to talk about the value of unions and their role in society.

Unions Need To Present Better Case To The Public In Rights Battle: Labour Leader Hassan Yussuff

Canada's Complex Rules For Refugee Settlement, Here's How The Process Works

Canada's Complex Rules For Refugee Settlement,  Here's How The Process Works
Here's a look at how the process works:

Canada's Complex Rules For Refugee Settlement, Here's How The Process Works

Toronto's Favourite Dead Raccoon Now Memorialized In Butter

Toronto's Favourite Dead Raccoon Now Memorialized In Butter
First he was toast, now he's butter. Conrad the raccoon is back, sculpted into a slab of butter at Toronto's Canadian National Exhibition.

Toronto's Favourite Dead Raccoon Now Memorialized In Butter

Criminal Justice Branch Seeks High-risk Designation For B.C. Dad Allan Schoenborn Who Killed Kids

Criminal Justice Branch Seeks High-risk Designation For B.C. Dad Allan Schoenborn Who Killed Kids
The man who killed his three children at their Merritt, B.C., home in 2008 began living in a psychiatric hospital two years later.

Criminal Justice Branch Seeks High-risk Designation For B.C. Dad Allan Schoenborn Who Killed Kids