Monday, May 9, 2011

Quebec announces $80B mining plan

Quebec announces $80B mining plan | Money | Edmonton Sun

Praise the Lord and Pass the money plate!
LEVIS, QUE. - Mining firms and the Quebec government will invest $80 billion over 25 years to extract gold, diamonds and uranium from northern regions, Premier Jean Charest said Monday.

The 11 privately financed projects could create $14 billion in spinoffs, Charest told a news conference in suburban Quebec City.

Quebec is touting its mining plan as the largest natural-resources project since the massive hydroelectric networks that were built in the 1970s. Mines would spring up in a 1.2 million square-kilometre area of northern Quebec - a region more than twice the size of Saskatchewan.

Do you think it's a coincidence that this is being done while the Liberal leader in Quebec is at his lowest all time popularity while the Conservative party in Canada is at its highest level of popularity in a couple of decades?

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