In Quebec politics, le beau risque (French pronunciation: [lə bo ʁisk], the good risk or the nice risk) is a political catch phrase describing the "risk" the Parti Québécois (PQ or "péquists") took in asking Quebecers to support federal Progressive Conservatives (PCs or "Tories") under Brian Mulroney and accept an amended version of the Constitution Act, 1982, which the péquist Quebec government under René Lévesque has previously refused to sign. Mulroney promised Quebec the opportunity to fully enter into the constitution "with honour and dignity" and have its distinctiveness recognized in the document.
It was coined by Parti Québécois Premier of Quebec René Lévesque. His taking the "beau risque" provoked a crisis in the party, as its main founding principle was the entry of Quebec into a different relationship with Canada, and a number of his party's Members of the National Assembly of Quebec left as a result.
In the subsequent 1984 Canadian election the Progressive Conservatives took 58 out of 75 seats in Quebec. Mulroney attempted to fulfill his promise to Quebec via the Meech Lake Accord of 1987, a package of constitutional amendments including a "distinct society" clause for Quebec recognizing that province's unique status. In the 1988 Canadian election, fought around the issue of free-trade with the USA (which Mulroney supported), the PCs increased their total in Quebec to 63. All three major parties, at least publicly, supported the Meech Lake Accord.