Quebec officials sustain predecessors’ financial backing of McInnis Cement

Sources: Quebec Office of Minister of Economy, Innovation and Export Trade; McInnis Cement, Montreal; CP staff

Leaders in the newly elected Quebec government have confirmed the major financial commitment—$100 million equity stake plus $250 million in senior debt—prior province officials announced earlier this year for the $1.1 billion McInnis Cement plant and marine terminal in Port-Daniel-Gascons.

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