By: Jean Masson, Special to The Northern Miner
2014-10-17
On Sept. 30, 2014, the Quebec government, through its Minister of Energy and Natural Resources and Minister responsible for the Northern Plan, Pierre Arcand, tabled Bill 11, entitled the Act respecting the Société du Plan Nord.
The tabling of Bill 11, together with other recently announced measures, clearly shows that the Quebec government is preparing the most favourable conditions to enable the province to fully benefit from an eventual recovery of the global mining activity.
Let us examine the mission, policy directions and objectives of the Société du Plan Nord (SPN) as provided in Bill 11, and then describe its governance structure and analyze its financing structure.....