The CEO of Investissement Québec (IQ), Guy LeBlanc, yesterday at noon in front of an audience of business people tormented Bill 96, the new Bill 101, by publicly evoking the case of a company that came within a hair’s breadth of giving up invest here.
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“We had a file, which was announced, and the interpretation they were making of Law 96 meant that they considered withdrawing,” shared Guy LeBlanc during an exchange with Michel Leblanc. , CEO of the Board of Trade of Metropolitan Montreal (CCMM).
Investments put at risk
After having had the “justifications” and the “required comfort”, the company finally decided to maintain its investments with us, continued Mr. Guy LeBlanc.
“The biggest challenge is more to explain the law,” he summed up.
Invited later to provide the name of the company in question, the communications of IQ did not want to reveal it.
After raising this case, Guy LeBlanc went so far as to wonder aloud if it was necessary to relax the Legault government’s law 96.
“That, I did not say: are there any desirable relaxations? Maybe,” he said in response to his own question.
Last September, The newspaper told the story of companies fearing the message of “fear” sent, after a US company decided to stop sending its products here “due to Law 96”.
“The new restrictions and gray areas may scare some players who want to invest in Quebec,” warned Michel Rochette, president of the Retail Council of Canada (RCCC).