How would the privatization of Hydro-Québec make Quebecers richer? : Comment la privatisation d'Hydro-Québec permettrait-elle d'enrichir les citoyens québécois?

In 1924, these rates see the trajectory that led from the “electric were four cents a kWh.2 candle” in 1878 to the decision by the Quebec government under Adélard Godbout to buy the The shadow this empire cast on the Montreal assets of the Montreal Light, Heat and Power area became associated with the rigours of the Company in 1944 to create an electricity economic crisis that continued into the 1 [...] The authorizing the acquisition of MLHPC’s assets Electricity Commission was replaced by the Pro- and the creation of the Quebec Hydro-Electric vincial Electricity Board, and the number of Commission. [...] On January 1, seven companies’ common shares were tendered 1966, the new Hydro-Québec was ready.11 to the designated trustee.7 One year and 10 days had passed between the speech and the offer to shareholders!8 The epic years On May 1, 1963, the Quebec Hydro-Electric Hydro-Québec in the 1960s cannot be Commission took possession of the seven mentioned without emphasizing the hydroelec- companies an [...] The work conducted at Carillon Hydro-Québec designated one executive to and Bersimis showed the command of the en- manage each of the seven companies: the gineers and other project architects over these Southern Canada Power Company, the works. [...] In the 1980s, the last financial vestiges of the 1963 nationalization was completed with the acquisition, for $11 million, of most of the disappeared: in 1984 the long-term debt of the acquired companies electricity cooperatives created under the Union Nationale regime.