Contribution to Quebec's economic development: Development plan 1993

The activities of Hydro-Quebec are analyzed from the standpoint of their contribution to economic development and their support of regional development. The structuring effects of Hydro-Quebec's electricity supply activities are described, specifically the utility's role as an employer and an important agent of economic development by virtue of its purchasing power. The role played by research and development activities in the technological development of Quebec is discussed along with the contribution of those activities to new industrial developments. Finally, the impacts of electricity use on industrial development are considered. An analysis is presented of Hydro-Quebec's marketing activities and the options they afford. These marketing activities are aimed mainly at supporting economic development. The availability of reasonably priced electricity enhances the competitiveness of all industrial sectors, especially those for which electricity is a factor in siting. Furthermore, Hydro-Quebec can use its marketing activities to reinforce this comparative advantage. Hydro-Quebec can also support regional development by decentralizing operations, standardizing rates, and extending its marketing activities to the regions. 2 tabs