Announcing the winners of the 12th edition of the Caisse de dépôt et placement du Québec-Merrill Lynch Economic and Financial Journalism Award of Excellence

     First Prize: Guy Gendron, Radio-Canada / Philippe Mercure, La Presse
                 Second Prize: Martin Jolicoeur, Les Affaires
                    Third Prize: Rudy Le Cours, La Presse

    MONTREAL, Jan. 22 /CNW Telbec/ - At a ceremony held last night at the
Centre CDP Capital, the winners were announced of the 12th edition of the
Caisse de dépôt et placement du Québec-Merrill Lynch Economic and Financial
Journalism Award of Excellence. This award highlights the invaluable
contribution made by our journalists to the economic life of Quebec by
honouring the very best in the field.
    The first prize was awarded jointly to two entrants, Guy Gendron for his
report Ethanol, la fièvre verte (Ethanol, green fever) aired on the
Radio-Canada program Enquête and to Philippe Mercure of the daily La Presse
for his excellent article Indonésie: le pays où l'argent pousse dans les
arbres (Indonesia, the country where money grows on trees). They will share
the $10,000 purse that accompanies the award. A purse of $5,000 was awarded to
the second-place winner, Martin Jolicoeur of the newspaper Les Affaires for
his article on the liberalization of markets in the air transportation
industry entitled Le ciel ne peut attendre (Heaven/the skies can't wait). Rudy
Le Cours of La Presse took third place and a purse of $2,500 for his series of
articles on the credit crisis and its impact on Canadian banks and the real
estate market.
    Sixty-four candidacies from some twenty different media sources were
submitted to the jury, which was made up of Charles A. Carrier, General
Manager of ASDEQ; Jean-Pierre Aubry, Chair of ASDEQ's Public Policy Committee;
Pierre Bergeron, host of FrancOpinion and former director of Le Droit; Claude
Beauchamp, journalist and former host of the RDI program Capital Action; and
Colette Brin, professor in the Department of Information and Communication,
Faculty of Arts, Université Laval.
    Clément Gignac, President of ASDEQ, thanked the members of the jury
"whose task was not easy, given the considerable number of candidacies
received and the very high quality of the articles and reports submitted."
This was, he believed, "an indication of the great credibility enjoyed by the
Award and its high profile among the journalistic community."
    Fernand Perreault, President and Chief Executive Officer of the Caisse de
dépôt et placement du Québec, commented that "at a time when the global
economy is undergoing profound change, it is more than ever essential that the
media make accessible to the public and put into context the often-complex
issues that the business community faces. This prestigious award clearly shows
that our Québec journalists are equal to this major challenge."
    Added Guy Savard, Chairman of the Board of Merrill Lynch Canada,
"Recognizing the quality of the work done by journalists who cover the
financial scene takes on an added importance in these times of instability and
uncertainty, when all players in the business world are seeking information
that is useful, rigorous, objective and independent."

    Partners in the prize

    The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and insurance
plans. As at December 31, 2007, it held $155.4 billion of net assets. One of
the leading institutional fund managers in Canada, the Caisse invests in the
main financial markets as well as in private equity and real estate. For more
    Since January 1, 2009, Merrill Lynch has become an integral part of Bank
of America. The merger of these two entities has created a world leader in
banking and wealth management as well as a premier corporate and investment
banking and capital markets business.
    The Association des économistes québécois (ASDEQ) is the principal
organization bringing together economists in Québec and is dedicated to the
professional advancement of its approximately 500 members. Its primary
objective is to foster awareness of, and knowledge about, the field of
economics. ASDEQ, a reference point in economics in Quebec, is a dynamic
association open not only to economists, but also to anyone interested in
economic and financial issues. The association is becoming increasingly
recognized as a vital participant in today's great economic debates.

For further information:

For further information: Sébastien C. Fassier; Marie-Eve Graniero, Alizé
Communications, (514) 733-3760,; Monique Fiset,
Coordinator, ASDEQ, (514) 342-7537,

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Association des économistes québécois (ASDEQ)

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