Economic Development Bank: Elaine Zakaib

Elaine Zakaib: OTTAWA - It's a coming war of words between Ottawa and the Quebec government that you can take to the bank. , according to Winnipeg Free Press. But the proposed legislation, still stuck in the national assembly, has stirred a linguistic tempest in the federal Finance Department because the new entity is to be called a "banque" or "bank" in English. Elaine Zakaib, junior minister responsible for the Banque de d veloppement conomique du Qu bec, tables a new legislation to form the bank on April 24, 2013 in Quebec City. THE CANADIAN PRESS/Jacques Boissinot Premier Pauline Marois's Parti Quebecois government introduced a bill in the spring that would create an economic development bank for the province, offering loans and seed money for new businesses. (www.immigrantscanada.com). As reported in the news.