This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AP Interview: Quebec Premier Seeks US Investments


NEW YORK (AP) â¿¿ Quebec's new premier, Pauline Marois, doesn't shy away from the truth about her government's separatist ambitions, and is banking on a policy of transparency and fiscal responsibility to lure foreign investors who might otherwise be worried.

It helps that given Marois' slim edge in the legislature â¿¿ she leads a minority government â¿¿ her Parti Quebecois has no chance of passing any legislation calling a referendum on separatism during this mandate. Still, she made clear in an interview with The Associated Press on Friday that breaking away from Canada is a goal.

"I say yes, we are sovereigntists ... and we want to explain this project and to convince the population of Quebec," Marois said. But an eventual move in that direction would be open and democratic, and would not come as a surprise, she added.

"We will not hide it. We will have a debate, we will discuss that and we will do a referendum if we think the population will agree with more than 50 percent of the vote," said Marois, who was on a three-day visit to New York to court potential investors and attract business opportunities.

Quebec has held two referendums to split from Canada, in 1980 and 1995, the last narrowly rejecting independence. A poll done shortly before the province's elections in early September showed support for independence was under 30 percent, but analysts at the time said voters were weary of the Liberals after three terms in office.

More pressing right now for Marois, who is the province's first woman premier, is to project an image of a healthy and well-managed economy and establish her government's credibility with the business community in Canada and abroad.

"I explain first of all, we will be responsible as a government," said Marois.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.88 -0.32%
FB $117.43 0.00%
GOOG $692.36 0.00%
TSLA $232.32 0.00%
YHOO $36.01 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs