As a subsidiary of Investissement Québec, Ressources Québec is the gateway for companies seeking to invest in the mining and hydrocarbon industries.
Ressources Québec supports resource companies at every stage of their projects, from exploration and development through to processing. It offers a full range of financial products, including investments in share capital, debentures and various types of loans.
Ressources Québec focuses on projects that have good return prospects and foster Québec's economic development. Its role is complementary to private funders.
Ressources Québec consolidates the government's current equity interests of $236 million in the mining and hydrocarbon sectors, including those held by SOQUEM and SOQUIP. It will also be granted additional capitalization of $250 million to be invested in the two sectors.
Ressources Québec will also manage the $750 million Capital Mines Hydrocarbures fund used for carrying out Québec government investments in non-renewable natural resources.