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Media Advisory - Annual Meeting of Shareholders of Quebecor Français

Cision Canada02-05-2025
MONTRÉAL, May 2, 2025 /CNW/ - The Annual Meeting of Shareholders of Quebecor (TSX: QBR.A) (TSX: QBR.B) will be held on Thursday, May 8, 2025, at 9:30 a.m. Media representatives are invited to attend the meeting, which will be followed by a press conference given by Sylvie Lalande, Chair of the Board of Directors of Quebecor Inc. and Quebecor Media inc., and Pierre Karl Péladeau, President and Chief Executive Officer of Quebecor Inc. and Quebecor Media Inc.
Date:
Thursday, May 8, 2025
Time:
9:30 a.m., followed by a press conference around 11 a.m.
Place:
Montreal
RSVP:
By noon on Wednesday, May 7, by sending an email to [email protected]
* Only journalists, cameramen and photographers who have received an email confirming their admission to the meeting will be granted access.
ACCESS TO DOCUMENTS
Following the Meeting, all relevant documents will be available on Quebecor's website, including the President and Chief Executive Officer's and the Chief Financial Officer's addresses, as well as the 2024 Activity Report. A recording of the meeting will also be available until June 7, 2025.
About Quebecor
Quebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry. Driven by their determination to deliver the best possible customer experience, all of Quebecor's subsidiaries and brands are differentiated by their high-quality, multiplatform, convergent products and services.
Québec-based Quebecor (TSX: QBR.A, QBR.B) employs more than 11,000 people in Canada.
A family business founded in 1950, Quebecor is strongly committed to the community. Every year, it actively supports more than 400 organizations in the vital fields of culture, health, education, the environment and entrepreneurship.
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The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. 'It was very difficult. The business had many good years. I certainly didn't want to be in the position of calling an end to a business career, giving up, calling it quits, both personally and in terms of my late father,' Slipp said. At the store's peak in the early 2000s, Slipp said there were about 15 people on staff. In March 2020, he said he laid off four people and reopened after the pandemic with two employees. Late in the summer of 2021, Slipp said duty-free stores were 'all starting from zero to rebuild again.' By the end of 2024, his business was still down about one-fifth from where it was in 2019. Then Trump returned to the White House. From January to April this year, things got worse for Slipp's store, and he ultimately decided to close based on declining sales and traffic numbers. 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Waning cross-border travel hurting Canada's already beleaguered duty-free industry
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Article content John Slipp took over his father's duty-free store in 1994, which had been started more than a decade earlier. Article content This month, he closed the Woodstock Duty Free Shop Inc. as lower traffic at the U.S.-Canada border dealt the final blow to a business already weakened by the COVID-19 pandemic. Now, at 59, Slipp says he will have to find another source of income and is advocating for more government support for stores like his. Article content Article content Article content Fewer Canadians have been heading south in recent months in response to U.S. President Donald Trump's trade war with Canada, his comments about annexing the country and because of fears among travellers about treatment at the border. In the duty-free industry, Slipp said less border traffic directly correlates to fewer sales. Article content Article content At the store's peak in the early 2000s, Slipp said there were about 15 people on staff. In March 2020, he said he laid off four people and reopened after the pandemic with two employees. Article content Late in the summer of 2021, Slipp said duty-free stores were 'all starting from zero to rebuild again.' By the end of 2024, his business was still down about one-fifth from where it was in 2019. Article content Article content Then Trump returned to the White House. From January to April this year, things got worse for Slipp's store, and he ultimately decided to close based on declining sales and traffic numbers. Article content 'Just realizing that even after the U.S. administration changes down the road, in our industry, we do not expect the border traffic to change overnight as a result of that. We believe it's going to take years,' he said. Article content Recent figures from Statistics Canada noted that return trips from the U.S. dropped again in July as Canadians continue to shun travel to the U.S. Article content The number of Canadian residents returning from the U.S. by automobile was down 36.9 per cent on an annual basis in July, marking the seventh consecutive month of year-over-year declines.

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