Latest news with #FrancoisLegault
Globe and Mail
3 days ago
- Business
- Globe and Mail
Hydro dynamics
Opinion How Quebec and Newfoundland overcame a century of hurt to reach a new deal on Churchill Falls Konrad Yakabuski The Globe and Mail Quebec Premier Francois Legault and former Premier of Newfoundland and Labrador Andrew Furey shake hands after signing a memorandum of understanding between Hydro-Québec and NL Hydro in St. John's on Dec. 12, 2024. Paul Daly/The Canadian Press to view this content.
CTV News
16-06-2025
- Business
- CTV News
Quebec premier defends Bombardier at Paris Air Show
Quebec Prime Minister Francois Legault, right, and Quebec Economy Minister Christine Frechette visit the Paris Air Show , Monday, June 16, 2025 in Le Bourget, north of Paris. (Michel Euler/The Associated Press) Quebec Premier François Legault took part in Bombardier's campaign to sell one of its aircraft models to the Canadian Defence Department on Monday in Paris, Fra. Legault spent the day at the Paris Air Show, the largest event of its kind in the world. Bombardier says it believes it can convince Ottawa to buy the aircraft after Mark Carney's government announced an additional $9 billion in military spending. Legault says he wants Quebec to get its lion's share and Bombardier to win the contract for its aircraft, designed for surveillance and detection missions. France Paris Air Show Quebec Prime Minister Francois Legault, right, and Quebec Economy Minister Christine Frechette visit the Paris Air Show , Monday, June 16, 2025 in Le Bourget, north of Paris. (Michel Euler/The Associated Press) The premier boarded a GlobalEye parked on the tarmac, an aircraft manufactured by Sweden's Saab, but with Quebec origins: it is built on Bombardier's Global Express platform. 'The people at Boeing are nervous that we are here,' Saab vice president Carl-Johan Bergholm told Legault. Bombardier-Boeing standoff Indeed, Saab-Bombardier and the American company Boeing are engaged in a standoff. In March 2023, Ottawa indicated that it planned to replace the air force's surveillance aircraft, considering only one supplier, Boeing. Bombardier protested, demanding a genuine call for tenders so it could submit its aircraft, which had already been sold and proven in other markets. 'I have no regrets about doing so,' said the company's CEO, Éric Martel, in an interview on Monday at Bombardier Defence's offices in Le Bourget. 'It made everyone understand that it might be in our best interest to talk to each other and work better together,' he argued. He says he is hopeful that an agreement can be reached with Ottawa. Collaboration with Safran In addition, Bombardier signed a letter of intent on Monday with Safran, a French industry giant that is the world's second-largest aerospace equipment manufacturer. The two companies say they want to expand their collaboration. Je suis particulièrement fier de l'annonce d'un partenariat entre deux leaders de l'aéronautique: @Bombardier et @SAFRAN. Ils vont travailler ensemble pour remporter des appels d'offres, dans nos deux pays. Et offrir des emplois industriels payants, en France et au Québec.… — François Legault (@francoislegault) June 16, 2025 This will allow researchers to work together on systems used in military equipment, explained a Bombardier representative. The amounts and details are confidential, he added. This report by The Canadian Press was first published in French on June 16, 2025.
CTV News
09-06-2025
- Business
- CTV News
Quebec to invest $10M in company developing Canadian-made satellite launch technology
Quebec Premier Francois Legault looks through a hand-held thermal imager during a tour of Thales Canada Defense and Security Optronics in Montreal on Monday, June 9, 2025. (Christinne Muschi/The Canadian Press) MONTREAL — Quebec premier François Legault says the province will invest $10 million in a Montreal-area company that is developing a system to launch small satellites into space. Legault announced the investment in Reaction Dynamics at the company's facility in Longueuil. Economy Minister Christine Fréchette says the investment will allow the company to begin launching microsatellites into orbit from Canada as early as 2027. Reaction Dynamics plans to use a rocket called Aurora to launch the satellites. Company President Bachar Elzein says the hybrid propulsion system they use contains fewer pieces than traditional rocket motors, making them safer and simpler to produce. Legault said Canada is the only country in the G7 without domestic satellite launching capacity. A first demonstration flight is expected to take place later this year. This report by The Canadian Press was first published June 9, 2025. By Morgan Lowrie, The Canadian Press
CTV News
06-06-2025
- Politics
- CTV News
Quebec premier says he's focused on economy as legislative session ends
Quebec Premier Francois Legault speaks at a news conference marking the end of the spring session at his office in Quebec City, Friday, June 6, 2025. (Jacques Boissinot/The Canadian Press)
CTV News
29-05-2025
- Business
- CTV News
Quebec Premier François Legault to seek federal funds for Churchill Falls power lines
Quebec Premier Francois Legault responds to the Opposition during question period at the legislature in Quebec City, Thursday, May 29, 2025. (Jacques Boissinot/The Canadian Press) Quebec Premier François Legault says he will ask the federal government to help finance the transmission lines for hydroelectricity projects connecting his province and Newfoundland and Labrador. Legault said today that he will make the request next week during a meeting between the premiers and Prime Minister Mark Carney. Carney has promised that his government will work with the provinces to fast-track projects of national interest. The premiers of Quebec and Newfoundland and Labrador signed a new draft agreement between their provinces' utility companies in December. An eventual deal would see Hydro‑Québec pay much more for Churchill Falls power and co-develop new projects with Newfoundland and Labrador Hydro along the Churchill River. The new Churchill Falls deal is expected to cost Hydro-Québec at least $33.8 billion. It replaces an agreement signed in 1969 that allowed Hydro‑Québec to purchase the lion's share of the energy from the massive power station in Labrador for rock-bottom prices. This report by The Canadian Press was first published May 29, 2025. The Canadian Press
