Close X
Tuesday, November 26, 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

'Terrorist, Go Back': Elderly Sikh Man Brutally Assaulted In Chicago, Called 'Bin Laden'

'Terrorist, Go Back': Elderly Sikh Man Brutally Assaulted In Chicago, Called 'Bin Laden'
Inderjit Singh Mukker was assaulted on Tuesday when the assailant pulled up to his car yelling racial slurs, including, “Terrorist, go back to your country, Bin Laden!”

'Terrorist, Go Back': Elderly Sikh Man Brutally Assaulted In Chicago, Called 'Bin Laden'

Toronto Woman Launches $1m Lawsuit Against Starbucks, Indo-Canadian Supervisor For Alleged Assault

Toronto Woman Launches $1m Lawsuit  Against Starbucks, Indo-Canadian Supervisor For Alleged Assault
Shannon Mishimagi alleges that her supervisor at a Starbucks in west-end Toronto, Gurjaspreet Jolly, physically assaulted her, threatened to use harmful substances against her and verbally abused her.

Toronto Woman Launches $1m Lawsuit Against Starbucks, Indo-Canadian Supervisor For Alleged Assault

Hussein Rahim, Syrian Seeking Refugee Status Says He's In Limbo Years After Arriving In Canada

Hussein Rahim, Syrian Seeking Refugee Status Says He's In Limbo Years After Arriving In Canada
Hussein Rahim had already lost his cousin and uncle — one shot dead, the other missing — when he was arrested by military forces during a protest in his native Syria.

Hussein Rahim, Syrian Seeking Refugee Status Says He's In Limbo Years After Arriving In Canada

Judge Denies Bail To Guido Amsel, Winnipeg Man Accused Of Sending Letter Bombs

Judge Denies Bail To Guido Amsel, Winnipeg Man Accused Of Sending Letter Bombs
Guido Amsel was ordered by provincial court Judge Heather Pullan to remain in custody pending his trial on charges that include three counts of attempted murder. 

Judge Denies Bail To Guido Amsel, Winnipeg Man Accused Of Sending Letter Bombs

Darwin, The Ikea Monkey, To Remain At Sanctuary After Change Of Ownership

Darwin, The Ikea Monkey, To Remain At Sanctuary After Change Of Ownership
Darwin — who became famous in 2012 when he was found wandering outside a Toronto Ikea store wearing a shearling coat — has been living at Story Book Farm Primate Sanctuary since a court placed him there.

Darwin, The Ikea Monkey, To Remain At Sanctuary After Change Of Ownership

Parti Quebecois Set To Renew Sovereignty Push Ahead Of 2018 Election

Leader Pierre Karl Peladeau says the party wants to be in a position by the next provincial vote to respond to its rivals' attacks on sovereignty.

Parti Quebecois Set To Renew Sovereignty Push Ahead Of 2018 Election