‘It’s a cloud’: Sovereignty questions loom over Quebec firms as PQ leads the polls

Quebec's business sector is on high alert as recent polls indicate the Parti Québécois (PQ) is leading the polls for the upcoming provincial election. The PQ's charismatic leader, Paul St-Pierre Plamondon, has vowed to hold a referendum within his first term in office, with a stipulation that President Donald Trump must have exited the White House beforehand.

Sébastien Lachaine, a prominent figure at lobbying firm Sussex Strategy, has warned that the looming referendum could cast a shadow over Quebec's corporate landscape. He fears that the prospect of independence may deter foreign investment, discourage immigrants, and lead to an increase in government bond interest rates. However, Lachaine acknowledges that the PQ has also committed to reducing corporate tax rates, which could prove beneficial for businesses in Quebec.

As voters across the province head to the polls today, the uncertainty surrounding the potential referendum remains a significant concern for Quebec's business community.