When Champion (CIA) bought out Cliff's iron ore assets, the Quebec government participated as an equity partner to help bring those assets back into production. In a little over a year, the Quebec government was rewarded by Champion buying out their equity interest at a nice profit.
Recently, Wallbridge (WM) did a large financing with no warrants attached. Again, the Quebec government took an equity interest. The money comes at a time that WM is proving up a potentially very large gold deposit. The shares are already up about 30% since.
As for the Ontario government, we have their verbal support....a promise to "get it right".