Businessman Pierre Boivin - former president of the Montreal Canadiens - says the Parti Quebecois government's proposed Charter of Values would hurt Quebec's economy.
Speaking Monday to the Canadian Club in Montreal , Boivin described Quebec as heavily indebted and said it is pulling in less in the way of international investment than provinces such as Alberta and Ontario.
Boivin, now president of the investment firm Claridge, says international firms consider a region's social climate before deciding to invest and favour an open and tolerant society. He says the debate about Bill 60 may discourage investment.
On another issue, Boivin said Claridge would probably not be interested in investing in the return of Major League Baseball to Montreal.
Claridge is the Bronfman family's investment arm. It and a number of other parties helped the Chamber of Commerce finance a $400,000 feasibility study on bringing baseball back to Montreal.
Boivin says Stephen Bronfman may be a big baseball fan but there is a significant difference between investing in a feasibility study and acquiring an interest in a baseball team.
He says there are no plans at this time for Claridge to put money into a baseball franchise for Montreal.