Close X
Sunday, December 1, 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

    Suspect In Custody After Man With Serious Injuries Dies In Courtenay, B.C.

    Suspect In Custody After Man With Serious Injuries Dies In Courtenay, B.C.
    COMOX VALLEY, B.C. — A suspect has been arrested in the in the death of a 23-year-old man in Courtenay, B.C.

    Suspect In Custody After Man With Serious Injuries Dies In Courtenay, B.C.

    Mom In Child Sex-abuse Case Doesn't Want Private Information Shared

    Mom In Child Sex-abuse Case Doesn't Want Private Information Shared
    British Columbia's privacy commissioner is looking into whether personal information about a family involved in a child sexual abuse case has been shared.

    Mom In Child Sex-abuse Case Doesn't Want Private Information Shared

    Police Want Help Identifying Person Who Shot Pitbull In Nanaimo, B.C.

    Police Want Help Identifying Person Who Shot Pitbull In Nanaimo, B.C.
    NANAIMO, B.C. — Police are asking for the public's help to find the person responsible for shooting a pitbull in Nanaimo, B.C.

    Police Want Help Identifying Person Who Shot Pitbull In Nanaimo, B.C.

    More Than 150 Crocodiles And Alligators Rescued From Toronto Home

    More Than 150 Crocodiles And Alligators Rescued From Toronto Home
    TORONTO — More than 150 crocodiles and alligators have been rescued from a Toronto home and taken to a reptile sanctuary.

    More Than 150 Crocodiles And Alligators Rescued From Toronto Home

    Trudeau Promises Billions For First Nations Education; Harper Sings TFSA Praises

    OTTAWA — Liberal Leader Leader Justin Trudeau announced his first big-ticket campaign promise today, saying a Liberal government would spend billions to improve First Nations education.

    Trudeau Promises Billions For First Nations Education; Harper Sings TFSA Praises

    Must Love Dogs: Wannabe Police Canine Handlers Must Jump Through Hoops

    Must Love Dogs: Wannabe Police Canine Handlers Must Jump Through Hoops
    It's a familiar motto at the RCMP Police Dog Service Training Centre in central Alberta, the one place in Canada where RCMP police dogs are born and trained.

    Must Love Dogs: Wannabe Police Canine Handlers Must Jump Through Hoops