"Mont-Sainte-Anne in Beaupré, Quebec, Canada, announced a CAD 100 million (USD 72.5 million) investment plan this week. At the end of 2024, Mont-Sainte-Anne and the Government of Québec announced the launch of a major investment project aimed at positioning the destination among North America's leading tourist destinations. Today, the project is entering its implementation phase, following the finalization of agreements concluded in December 2025."
"Following the publication of the ministerial decree authorizing Investissement Québec to grant two loans totaling CAD 50 million (USD 36 million), as part of an overall CAD 100 million investment plan to modernize infrastructure and equipment over five years. All stakeholders-including SÉPAQ-worked closely together to finalize contractual and financing arrangements. The completion of these agreements was contingent upon a comprehensive settlement regarding the Eastern sector of Mont-Sainte-Anne, which had been subject to litigation since 2021. This decisive milestone was reached on December 19."
""We were able to cross the finish line by establishing a true partnership with Investissement Québec and SÉPAQ, enabling the rapid injection of $100 million into the ski mountain's infrastructure and tourism offering to ensure its modernization. Significant efforts were made by all parties to ensure the long-term coherence and sustainability of the destination through a renewed approach," Maxime Cretin, Vice President and General Manager, Eastern Region, said."
Mont-Sainte-Anne in Beaupré, Québec is advancing a CAD 100 million, five-year investment plan to modernize infrastructure and tourism offerings. The project moved into implementation after agreements finalized in December 2025, following an earlier launch announcement at the end of 2024. Investissement Québec was authorized to provide two loans totaling CAD 50 million as part of the financing. Stakeholders including SÉPAQ collaborated to finalize contractual and financing arrangements. A comprehensive settlement resolved litigation over the Eastern sector on December 19. All lands and activities in the Eastern sector were transferred to SÉPAQ, which is developing a master plan focused on conservation, land stewardship, and expanded outdoor offerings.
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