Société générale de financement
Encyclopedia
The Société générale de financement (SGF) is a holding company
owned by the Government of Quebec
. Its mission is to attract investment to Quebec
by investing in other companies.
The company is headed by Claude Blanchet
, who is married to Pauline Marois
, leader of the Parti Québécois
.
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
owned by the Government of Quebec
Government of Quebec
The Government of Quebec refers to the provincial government of the province of Quebec. Its powers and structure are set out in the Constitution Act, 1867....
. Its mission is to attract investment to Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....
by investing in other companies.
The company is headed by Claude Blanchet
Claude Blanchet
Claude Blanchet is a Canadian financier who served as the CEO of Quebec's Union Funds and CEO of société générale de financement, a government owned holding....
, who is married to Pauline Marois
Pauline Marois
Pauline Marois is the current leader of the Parti Québécois in the province of Quebec, since June 27, 2007 and current Leader of the Official Opposition of the National Assembly of Quebec, representing the riding of Charlevoix...
, leader of the Parti Québécois
Parti Québécois
The Parti Québécois is a centre-left political party that advocates national sovereignty for the province of Quebec and secession from Canada. The Party traditionally has support from the labour movement. Unlike many other social-democratic parties, its ties with the labour movement are informal...
.