Close X
Thursday, November 28, 2024
ADVT 
National

PQ leader Peladeau says public funds not needed for Quebecor's NHL bid

Darpan News Desk The Canadian Press, 27 Aug, 2015 12:03 PM
    RIMOUSKI, Que. — It is not necessary to spend taxpayer money on bringing an NHL team back to Quebec City, Parti Quebecois Leader and controlling shareholder of Quebecor Inc., Pierre Karl Peladeau, said Wednesday.
     
    The Caisse de depot et placement du Quebec, the province's pension fund manager, however, could invest in a future team, said Peladeau, whose company officially submitted a bid in July for an NHL expansion franchise.
     
    "If the Caisse is asked and it considers that it could be a good thing, then it'll be up to the fund's managers to decide," Peladeau told reporters in Rimouski, Que. "It's not me who will make the decision."
     
    Quebecor manages and owns the naming rights for Quebec City's new, publicly funded 18,259-seat Videotron Arena.
     
    Las Vegas and Quebec City were the only expansion applicants to have their bids accepted by the NHL earlier this year. Both advanced to the third formal stage to land NHL expansion franchises.
     
    The NHL isn't expected to expand until 2017-18 at the earliest.
     
    Peladeau added Wednesday that the investment fund tied to the province's largest labour federation could also be a potential investor in bringing back an NHL team.
     
    A Quebecor spokesman confirmed Wednesday the company hasn't solicited the Quebec government for help in financing a future team.
     
    "We have had no discussion with government representatives regarding the NHL expansion process," said Martin Tremblay.
     
    Tremblay added Quebecor hasn't contacted any private firms for financing, either.
     
    "Quebecor is the only promoter in the application for NHL candidacy," he said.

    MORE National ARTICLES

    U.S. Couple Whose Baby Was Locked In Niagara Falls, Ont. Hotel Safe Contacts Police

    U.S. Couple Whose Baby Was Locked In Niagara Falls, Ont. Hotel Safe Contacts Police
    Police say a baby who found locked inside a Niagara Falls, Ont., hotel safe and freed by a maintenance worker this week have concluded the incident was an accident and there are no concerns for the child’s safety.

    U.S. Couple Whose Baby Was Locked In Niagara Falls, Ont. Hotel Safe Contacts Police

    Ontario Appeal Court Upholds 'Toronto 18' Terror Plot Conviction

    Ontario Appeal Court Upholds 'Toronto 18' Terror Plot Conviction
    Asad Ansari had appealed the guilty verdict delivered by a jury in June 2010 on the grounds that the trial judge admitted improper evidence

    Ontario Appeal Court Upholds 'Toronto 18' Terror Plot Conviction

    Rob Wells, Alberta Man Gets $543 Ticket For Posting Anti-Harper Sign In Car Window

    Rob Wells, Alberta Man Gets $543 Ticket For Posting Anti-Harper Sign In Car Window
    Rob Wells says he posted the hand-made, pink "F--k Harper" sign a week ago to voice his contempt for Stephen Harper's Conservative government in the upcoming federal election.

    Rob Wells, Alberta Man Gets $543 Ticket For Posting Anti-Harper Sign In Car Window

    Airport Screening Agency Sorry For Refusing To Pat Down British Columbia Man Robert Hart

    Airport Screening Agency Sorry For Refusing To Pat Down British Columbia Man Robert Hart
    Robert Hart has an artificial hip that set off the metal detector at the airport in Terrace, B.C. in July. He was on his way to a family wedding in Ontario.

    Airport Screening Agency Sorry For Refusing To Pat Down British Columbia Man Robert Hart

    Cadet, 13, Who Died At Nova Scotia Military Base Had Severe Asthma Attack: Family

    Cadet, 13, Who Died At Nova Scotia Military Base Had Severe Asthma Attack: Family
    The family of a 13-year-old air cadet who died at a Nova Scotia military base earlier this month says he had a sudden and severe asthma attack.

    Cadet, 13, Who Died At Nova Scotia Military Base Had Severe Asthma Attack: Family

    Tim Hortons Duelling Donuts Contest Down To 4 Finalists

    Tim Hortons Duelling Donuts Contest Down To 4 Finalists
    The four tasty treats, selected by celebrity judges Jann Arden, deadmau5 and Sophie Tweed-Simmons, can be voted on until Aug. 31 at DuellingDonuts.ca.

    Tim Hortons Duelling Donuts Contest Down To 4 Finalists