QS calls for investigation into Polycor and Fitzgibbon trade

Quebec solidaire (QS) is asking the Quebec Lobbyists Commissioner to investigate the Polycor case to ensure compliance with the law after Quebec's recent $98 million investment in the company.

QS calls for investigation into Polycor and Fitzgibbon trade

Quebec solidaire (QS) is asking the Quebec Lobbyists Commissioner to investigate the Polycor case to ensure compliance with the law after Quebec's recent $98 million investment in the company.

“We can't assume anything, but we have to check. That's why I wrote to the Commissioner of Lobbying, "said in an interview with Le Journal Ruba Ghazal, spokesperson for the economy of Quebec solidaire.

"It remains unclear"

“With Mr. Fitzgibbon, you don't run any risks. With his history, better check to make sure things were done in order,” she added.

According to the elected official, the Quebec Lobbying Commissioner must shed light on this story to "validate the conformity" of the situation.

"I had asked questions about this to the minister in the parliamentary committee, but the more we ask, the more it remains unclear," said Ruba Ghazal.

$98 million investment

Last Wednesday, Quebec announced a $98 million stake in Polycor. A day later, the Minister of the Economy, Pierre Fitzgibbon, remained unclear about his recent exchanges with the company.

Polycor later issued a "statement" to say that its CEO, Patrick Perus, had called the minister, at his request, on a "courtesy call" lasting less than a minute.

"Polycor and its president have always cooperated with government entities in compliance with applicable laws," Polycor said.

Favor a foreign giant?

On Monday, Le Journal told the story of Quebec manufacturer Granicor, shocked to see Quebec invest in Polycor and who is asking Prime Minister François Legault to reconsider his decision for the good of the industry.

“Pierre Fitzgibbon said that this was great news for the Quebec economy, when we rather have the impression that we are favoring a large foreign company,” concludes the deputy for Mercier Ruba Ghazal.


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