MONTREAL – Premier Philippe Couillard is proceeding with plans to develop the northern area of Quebec but they will be less ambitious than those of his predecessor.
READ MORE: Couillard moves forward with modest plan nord
Couillard is projecting total investments of about $50 billion by the year 2035.
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FACT FILE: Quebec’s Plan Nord
Of that, $2.7 billion will come from the government for infrastructure purposes, while Hydro-Quebec will contribute more than $20 billion.
The rest is mainly expected to come from private enterprise.
READ MORE: Quebec’s renewed Plan Nord is betting on diamonds
Couillard estimates 10,000 jobs will be created over the 20-year period.
In 2011, then-premier Jean Charest projected investments of $80 billion and 20,000 jobs over 25 years.
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