Securities And Exchange Commission: Annual Report Of Province Of Nova Scotia, 1997

An interesting document for a number of reasons. What stood out to me most of all was the proviso regarding Quebec secession. The specter of Quebec separation clearly did a number on the other provinces, who had to decide what they would do in such a scenario. Perhaps this is especially true of the Atlantic provinces, who would be cut off from the rest of Canada, and who might not have the resources and economy to survive on their own. Then there’s Quebec’s generally expansionist stance both physically, culturally and ideologically within Canada over the years, which seems to come in fits and starts.

Most recently, you can see it at work in a logo put forth by the Bloc Quebecois.

“Bloc Québécois Leader Yves-François Blanchet addressed supporters of Quebec’s federal sovereignty party on Sunday, speaking at a podium adorned with a map that removed the border between Quebec and Labrador, making it look as if it were all Quebec.”

bloc

This kind of taunting continues, recently more overt. To be sure, this messaging isn’t by accident.

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Quebec separation is an issue which comes up time and again, and if current polling holds true into the future, might present itself yet again as the impetus for serious constitutional change for points to the east.

“As a province of Canada, Nova Scotia could be affected by political events in another province. For instance, on September 7, 1995, the Government of Quebec presented a Bill to the National Assembly entitled An Act respecting the future of Quebec (the “Act”) that included, among others, provisions authorizing the National Assembly to proclaim the sovereignty of Quebec. The Act was to be enacted only following a favorable vote in a referendum. Such a referendum was held on October 30, 1995. The results were 49.4% in favor and 50.6% against.

In 1996, the Government of Canada, by way of reference to the Supreme Court of Canada (the “Supreme Court”), asked the court to determine the legality of a unilateral secession of the Province of Quebec from Canada, either under the Canadian Constitution or international law. On August 20, 1998, the Supreme Court of Canada ruled that the Province of Quebec did not have the unilateral right of secession, and that any proposal to secede authorized by a clear majority in response to a clear question in the referendum should be construed as a proposal to amend the Constitution, which would require negotiations. These negotiations would have to deal with a wide array of issues, such as the interest of the other provinces, the Federal Government, the Province of Quebec, and the rights of all Canadians both within and outside the Province of Quebec, and specifically, the rights of minorities, including Aboriginal peoples.”

Province of Nova Scotia, 2017. “FORM 18-K For Foreign Government and Political Subdivisions Thereof SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL REPORT Of PROVINCE OF NOVA SCOTIA CANADA (Name of Registrant) Date of end of last fiscal year: March 31, 2017” https://novascotia.ca/finance/PDFs/Form-18-K-2017.pdf