1. COUILLARD’S HYDROCARBON VISION

2. OFFICIALLY SPEAKING Limited exploitation and strict structuring
Best practices only
Confirmed potential and assessed economic viability

3. SOCIAL OIL: THE OIL YOU DON’T BURN
GHG transition/reduction
Uphold petrochemical industry
511 companies
20,000 employees
$5.3 billion in sales
Community engagement
There is a more specific GHG target as to what policy must make possible: a 37.5% reduction below the 1990 level by 2030

4. POLITICALLY SPEAKING
According to IQ spokesperson:
“The Bourque and Galt projects differ from the Anticosti project in one significant way. The Gaspé deposits are conventional and do not require hydraulic fracking, a technique opposed by Premier Couillard.
As far as we know, the Premier has never said anything against traditional drilling. He seems to be against fracking. The government has never given any indication that it is against traditional drilling.”
September 20, 2016
The Premier has never slammed the door shut on hydraulic fracturing… except maybe for the St-Lawrence Lowlands region.
But, eternal optimist that I am: if the communities want it…

5. FINANCIALLY SPEAKING
Capital Mines Énergie Fund = $1 billion Plan Nord: $500 million South: $500 million Mines: $800 million Hydrocarbons: $200 million
A minimum of $200 million must be applied to investment projects in the hydrocarbon sector, particularly to favour initiatives involving the transition to liquefied natural gas.
There is $200 million for the South – better still if it can serve for the Plan Nord and the North Shore industrials

6. Though this IQ subsidiary (Ressources Québec) is responsible for its management, “the government always makes the decisions”.
- L’Actualité gouvernementale, February 1, 2016