31 Mar 2014

On February 25, 2014, the President and Chief Executive Officer of Raymond Chabot Grant Thornton, Emilio B. Imbriglio, and Partner Éric Dufour, accompanied by the Chief Operating Officer of Arianne Phosphate, Jean-Sébastien David, presented the highlights of the analysis of the economic spinoffs of the Lac à Paul mining project in Saguenay – Lac-Saint-Jean.

This first presentation, delivered at a luncheon of Chambre de commerce du Saguenay members, proved to be a clear success. Apart from the media outreach generated by the activity (see visibility below), the project received the support of the region’s business community.

In the evening, business people from northern Lac-Saint-Jean were able to hear Marc Lévesque, Partner at the St-Félicien office, and Jean-Philippe Brosseau, Manager with the Strategic & Performance Consulting Group at the Québec City office.

The interest shown by people in this large region did not stop there. A third activity was held in Alma a few days later, during which Messrs. Dufour and Brosseau discussed the importance of the regional spinoffs and the impacts of this promising project. In addition, this past March 17, the Chambre de commerce et d’industrie Lac-St-Jean-Est held a conference on the mine project. Messrs. Dufour and David were the presenters (see report).

The Lac à Paul mine’s operations will generate over $12 billion in spinoffs. This project will allow the creation of more than 500 direct jobs per year, in addition to creating over 1,400 direct and indirect jobs during the mining operations period, lasting more than 25 years.

Projet du Lac à Paul d’Arianne Phosphate

Congratulations to Raymond Chabot Grant Thornton’s experts, who efficiently and professionally produced a major economic study regarding a large-scale mining project, furthering wealth creation in the region and in Québec as a whole.

Some published articles :