Close X
Wednesday, February 26, 2025
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

    Wildfire In B.C.'s Southeast Destroys 30 Homes, Forces Hundreds To Evacuate

    Wildfire In B.C.'s Southeast Destroys 30 Homes, Forces Hundreds To Evacuate
    Residents in southeastern British Columbia are regrouping from an immense and fast-spreading wildfire that has so far wiped out 30 homes and forced hundreds to flee with little more than the clothes on their backs.

    Wildfire In B.C.'s Southeast Destroys 30 Homes, Forces Hundreds To Evacuate

    Canadian Association Of Chiefs Of Police In Quebec City To Discuss Extremism

    Canadian Association Of Chiefs Of Police In Quebec City To Discuss Extremism
    QUEBEC — The Canadian Association of Chiefs of Police is calling on the public for help in detecting people who are becoming radicalized.

    Canadian Association Of Chiefs Of Police In Quebec City To Discuss Extremism

    Feds Again Put Off Gun-marking Regulations Aimed At Helping Police Trace Weapons

    Feds Again Put Off Gun-marking Regulations Aimed At Helping Police Trace Weapons
    OTTAWA — The federal government is delaying implementation of regulations intended to help police trace crime guns — the seventh time it has put off the measures.

    Feds Again Put Off Gun-marking Regulations Aimed At Helping Police Trace Weapons

    Under Fire Over Duffy, Harper Clings To Conservative Campaign Message

    The Conservative leader is stressing the latter at a stop in Fredericton, N.B., where he is promising to add 6,000 people to bolster the reserve ranks of the Canadian Forces reserves.

    Under Fire Over Duffy, Harper Clings To Conservative Campaign Message

    The Plan For Duffy's Fake Repayment Dissected In Court

    The Plan For Duffy's Fake Repayment Dissected In Court
    Was Mike Duffy railroaded by a group of Stephen Harper's aides into telling the public he would repay his Senate expenses, or was Duffy the one shaking down the PMO?

    The Plan For Duffy's Fake Repayment Dissected In Court

    WHO appoints Canadian MD to help guide women's cancer care in developing nations

    WHO appoints Canadian MD to help guide women's cancer care in developing nations
    Dr. Ophira Ginsburg, a clinician and researcher at Women's College Hospital in Toronto, takes on the new role in Geneva on Oct. 1.

    WHO appoints Canadian MD to help guide women's cancer care in developing nations