Pierre Karl Péladeau can be MNA and media mogul, ethics commissioner rules

Ethics commissioner says Péladeau is not breaking any rules by keeping controlling stake in Quebecor media

Image | Pierre Karl Peladeau

Caption: Pierre Karl Péladeau would have to put his Quebecor media holdings in a blind trust only if he ever became a cabinet minister or premier, the ethics commissioner ruled. (Radio-Canada archives)

Quebec's ethics commissioner has ruled that Parti Québécois MNA Pierre Karl Péladeau does not have to put his vast media holdings in a blind trust.
In a decision Tuesday, the National Assembly's ethics commissioner Jacques Saint-Laurent said Péladeau is not breaking any rules if he holds on to his controlling stake in Quebecor media.
Saint-Laurent said MNAs have a responsibility to avoid conflicts of interest, but the system is self-policing. If Péladeau​ ever became a cabinet minister or premier, then he would have to put his holdings in a blind trust.
Péladeau has already pledged to do that if he's ever elected leader of the PQ.

CAQ motion still on the table

The status of a proposed law put forward by the Coalition Avenir Québec is still up in the air.
The motion proposes to make it illegal for any MNA to be a majority shareholder in a media company.
Such a law would force Péladeau to sell his controlling stake in Quebecor.
Péladeau has vowed he would never do that, adding that such a law would be unconstitutional.
On Tuesday morning in the National Assembly, there appeared to be a compromise when the Liberals suggested submitting the motion to Quebec's press council for an expert opinion. All the parties agreed with the idea.
But Tuesday afternoon, the press council released a statement saying it would not get involved.
“The Quebec Press Council cannot accept the mandate of the government … because it is not in the nature of the council to conduct a study that falls within parliamentary ethics," the statement said.