Quebec’s focus remains on hydroelectric, says Premier Legault
AI Article Summary
Quebec Premier Francois Legault reiterated plans to expand Quebec's hydroelectric infrastructure at a business leaders' gathering. Hydro-Quebec plans to invest $200 billion by 2035 to bolster energy capacity, despite economic uncertainties. There are concerns about labor demands due to a reduction in permanent resident targets. Legault asserts this is a protective measure against economic uncertainties.
What This Means for Canadian Contractors
This project shows how large-scale investment in infrastructure is crucial amid economic uncertainties. For Canadian builders, this means potential opportunities in hydroelectric construction, albeit with challenges in securing adequate labor due to reduced immigration targets. Accessible funding and strategic planning will be vital to address workforce shortages and ensure timely completion.
