Plan Nord Rises From The Ashes

On September 30, 2014, the Québec government introduced a bill (the "Bill") to the National Assembly for the creation of the Société du Plan Nord (the "Société"), marking an important step forward in its initiative to revive the Plan Nord. The Bill's principal objective is the creation of the Société, a state-owned corporation charged with overseeing and coordinating the government's plans to develop the territory north of the 49th parallel ("Northern Québec").

The Centre of the Northern Economy

The Bill gives the Société the power and the resources it requires to:

• Establish the government's guidelines and budgets with respect to the redevelopment of Northern Québec;
• Coordinate the build-out of infrastructure in Northern Québec, either alone or in partnership with others; and