Pros
Highly recognized in Quebec - you can proudly say you work there.
You can and have to respect the 8:15 to 5:00 everyday. Good for family/life balance. On Fridays we used to finish at 1pm and staff truly respects that.
Cons
Management is emotion based. This used to work in the 70's, but in today's competitive world, you need to take decisions based on acurate data and proper analysis. There you barely have access to market information and trends.
No feedback from top management: you have to guess what to do and guess if you are doing right or wrong.
Small "cliques". It is all about pleasing some few top management, part of the family or almost (staff that started with Mrs Watier).