Investissement Québec

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Investissement Québec is a company established in 1998 under an act passed by the National Assembly of Quebec to favour investment in Quebec by Quebec-based and international companies.[1] Its registered office is located in Quebec City. In December 2010 it took over the Société générale de financement.[2]

Investissement Québec initially held a 19% stake in the Airbus A220 (formerly Bombardier CSeries) programme.[3] This was increased to 25% in February 2020, at no cash cost to Investissement Québec, as part of a deal that saw Bombardier sell its share to Airbus.[4]

Société générale de financement[]

Société générale de financement
TypeProvincially owned holding company
Founded1962
HeadquartersMontreal, Quebec,
Canada
Productsfinancial investment
OwnerGovernment of Quebec
Number of employees
1,022 (2021) Edit this on Wikidata

The Société générale de financement (SGF) was a holding company owned by the Government of Quebec. Its mission was to attract investment to Quebec by investing in other companies. Another mission was to promote new small businesses. In December 2010, Bill 123 that planned the merger of the SGF into Investissement Québec received royal assent. The SGF ceased activities on 31 March 2011.[5]

References[]

  1. ^ "Act respecting Investissement Québec and La Financière du Québec" (PDF). Retrieved 14 December 2017.
  2. ^ "Investissement Québec officially in operation - A New, More Efficient and Powerful Corporation | News". international.gouv.qc.ca. Retrieved 14 December 2017.
  3. ^ "Airbus and Bombardier Announce C Series Partnership - Bombardier". www.bombardier.com. Retrieved 14 December 2017.
  4. ^ Kaminski-Morrow, David (13 February 2020). "Airbus takes 75% of A220 programme as Bombardier exits". Flight Global.
  5. ^ "An Act respecting the amalgamation of the Société générale de financement du Québec and Investissement Québec", 10 December 2010, L.Q. 2010, c. 37.

External links[]

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