This part caught my attention:

"Ressources Québec will absorb the existing $235 million combined portfolios of SOQUEM, the Société québécoise d'exploration minière, and SOQUIP, the Société québécoise d'initiative pétrolièr, public-sector investment vehicles created in the 1960s to foster mining and oil and gas exploration.

SOQUEM will have $100 million to invest in exploration projects in the coming five years, as part of the new mining strategy, while the mandate of SOQUIP will be redefined in anticipation of an environmental green light next year on shale gas development in Quebec."