After analyzing Hydro-Québec’s performance from various standpoints, Claude Garcia explains why it is time to think seriously about privatizing this state corporation. He sets out a detailed process for getting there and shows how a privatization that is well put together, associated with the distribution of a large block of shares to Quebec citizens and the sale of another block on the markets, together with a system of government royalties, will help enrich Quebecers substantially even if a rise in electricity rates can be expected.
Pictures taken during the event
Marcel Boyer, vice president and chief economist of the MEI, presents the speaker.
Claude Garcia, former president of Standard Life.
Many stakeholders attended the luncheon.
Claude Garcia met with the press following the luncheon.
Photos: Claudio Calligaris