Whilst on a sales trip to Europe in 1929, the stock market crashed and on his fathers return to Montreal he found that his two partners had taken control of the business.

"[1] In 1990, Péladeau was quoted in l'Actualite magazine saying that Jews "take up too much space'" in Quebec, and was forced to issue a statement of apology claiming that he meant it in the context of Jewish fashion designers getting the lion's share of coverage from Montreal newspapers.

[1] While studying for the bar exam in 1950, Péladeau purchased a struggling community paper, Le Journal de Rosemont, including their printing works, with a $1,500 loan from his mother, Elmire, which became "Nouvelles et Potins" .

[4] In 1977, Péladeau expanded Quebecor into the United States by starting a daily sports-heavy tabloid called The Philadelphia Journal, which was unsuccessful and ended its publication run in 1981.

[1][4] Péladeau later spoke of his failed venture and the loss of his 14 million USD investment as "the most expensive MBA in the United States.

[4] Despite Péladeau's strong support for Quebec sovereignty, he chaired a committee in charge of organization Montreal's Canada Day celebrations in 1987.

[1] Péladeau started The Daily News of Montreal in 1988 in a partnership with British newspaper magnate, Robert Maxwell, but it closed two years later.