POLITICS

Pierre Karl Péladeau's Intervention In Mel's Studio Sale Broke Ethics Rules

12/05/2014 11:13 EST | Updated 02/04/2015 05:59 EST
CP
Quebec's ethics commissioner has ruled that Parti Québécois leadership hopeful Pierre Karl Péladeau breached National Assembly ethics rules.

Péladeau, who is still a majority shareholder in Québecor, intervened with Investissement Québec in July on the sale of Mel's Studio, a Montreal film production company on which Québecor was the only Canadian company bidding.

The ethics commissioner said Péladeau was wrong to have approached Investissement Québec about the sale.

However, Péladeau will not be sanctioned because the commissioner said he committed an honest mistake.

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