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15 July 2009July 15, 2009

Northern Waters – A realistic, sustainable and profitable plan to exploit Quebec’s blue gold

Economic Note on the development of Quebec’s blue gold in a realistic and environmentally respectful manner

Northern Waters – A realistic, sustainable and profitable plan to exploit Quebec’s blue gold

Northern waters and energy hold a special place in our national mythology and daily economic reality, particularly since the major hydro-electric work at James Bay in the 1970s. Quebec’s environmental and energy policies were manifestly transformed after our northern rivers were harnessed. The impact was also positive on various other sectors of society, ranging from public finances to industrial development and including social and economic progress in Aboriginal communities. Despite these considerable achievements in exploiting Quebec’s blue gold, one question remains: are we yet making the most of this natural resource, which is increasingly rare in various areas of the world and is likely to rise in value in the coming decades?

Links of interest

Media release:
Northern Waters: a project to develop Quebec's blue gold in an ecologically responsible way

L’Eau du Nord : Un projet qui mérite d’être étudié sérieusement: Article published exclusively on MEI's website, October 20, 2009

L'eau du nord: blue gold: Article by F. Pierre Gingras published in the National Post, July 15, 2009

Northern waters and energy hold a special place in our national mythology and daily economic reality, particularly since the major hydro-electric work at James Bay in the 1970s. Quebec’s environmental and energy policies were manifestly transformed after our northern rivers were harnessed. The impact was also positive on various other sectors of society, ranging from public finances to industrial development and including social and economic progress in Aboriginal communities. Despite these considerable achievements in exploiting Quebec’s blue gold, one question remains: are we yet making the most of this natural resource, which is increasingly rare in various areas of the world and is likely to rise in value in the coming decades?


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