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Environment

L’eau du nord: blue gold

Publication of an 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?

Freshwater exports for the development of Quebec’s blue gold

Fresh water is a product whose relative economic value has risen substantially and will keep rising in the coming years. It has become a growing source of wealth and an increasingly worthwhile investment opportunity. Without better management of this resource, the emergence of water distress can be expected in many highly populated areas of the world. This study aims to present a general portrait of the possibilities open to Quebec in selling and exporting fresh water, to assess Quebec’s competitive advantage and potential in this regard and to define the role and responsibilities that the existence of this potential imposes.

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