Close X
Wednesday, November 27, 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

    Doctors group looking at intensive course to train willing MDs in assisted death

    Doctors group looking at intensive course to train willing MDs in assisted death
    Doctors who are willing to assist in a patient's death once the act becomes legal early next year will need to be trained because they've never been taught the procedures for ending a life, the Canadian Medical Association says.

    Doctors group looking at intensive course to train willing MDs in assisted death

    First Nation asserts right to northern B.C. island slated for LNG plant

    First Nation asserts right to northern B.C. island slated for LNG plant
    LELU ISLAND, B.C. — Some members of a north coast First Nation are gathering on a small island near Prince Rupert, B.C., to protest plans for a liquefied natural gas project

    First Nation asserts right to northern B.C. island slated for LNG plant

    Duffy Trial Sheds Light On Pmo's Power, Hand-holding Of Parliamentarians

    Duffy Trial Sheds Light On Pmo's Power, Hand-holding Of Parliamentarians
    OTTAWA — Upon quitting the Conservative caucus in the spring of 2013, Alberta MP Brent Rathgeber declared he no longer wanted to be treated like a "trained seal," parroting media talking points written for him by the Prime Minister's Office.

    Duffy Trial Sheds Light On Pmo's Power, Hand-holding Of Parliamentarians

    Tar Ponds court action shut down after 11 years of wrangling

    Tar Ponds court action shut down after 11 years of wrangling
    HALIFAX — The law firm that represents Cape Breton residents who launched a class-action lawsuit claiming the Sydney tar ponds exposed them to contaminants has concluded the litigation should stop after 11 years of legal wrangling.

    Tar Ponds court action shut down after 11 years of wrangling

    Deja Vu For Searchers Wrapping Up Second Rescue For B.C. Mushroom Picker

    Deja Vu For Searchers Wrapping Up Second Rescue For B.C. Mushroom Picker
    A mushroom picker is safe after spending two nights lost in the bush in northwestern British Columbia, but for searchers, his rescue was practically a reunion.

    Deja Vu For Searchers Wrapping Up Second Rescue For B.C. Mushroom Picker

    Neighbours Try Unsuccessfully To Save Elderly Woman From Kamloops Apartment Fire

    Neighbours Try Unsuccessfully To Save Elderly Woman From Kamloops Apartment Fire
    KAMLOOPS, B.C. — An elderly woman has died in an apartment fire in Kamloops, B.C.

    Neighbours Try Unsuccessfully To Save Elderly Woman From Kamloops Apartment Fire