4 ms·
What's the private part of the Quebec model?
by icegreentea2 3y ago
What's the private part of the Quebec model?
- dmbche 3y agoHydro quebec is the national energy "company", which is nationalised, but they give contracts to other companies to run parts of their operations - this happenes through multiple deals by one of our past prime minister. At this point, Hydro-Quebec is only directly responsible for a portion of the hydro we create, while it has let natural gas, wind turbines and possibly more to private companies. Edit: refer to my other comments, this is a bad take, hydro is not privately owned It's hard to research even for a french speaker though - I think I might reasearch and write something on it just to clarify my own opinions
- northernskys30 3y agoHydro quebec pays a yearly dividend to its sole shareholder, the government of Quebec. For 2022 : "In light of these results, Hydro-Québec will be able to pay a dividend of $3,418 million to the Québec government, its sole shareholder—the largest in its history." Source : https://www.hydroquebec.com/data/documents-donnees/pdf/annual-report-2022-hydro-quebec.pdf?v=20230221 https://www.hydroquebec.com/data/documents-donnees/pdf/annua...