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For approximately the same reason why Americans would not want New York State to separate.

The Canadian government don't want Quebec to separate because

Quebec:

- provides a large chunk of Canada's GDP with key industries (aerospatial, medical...)

- is about a quarter of the population ( 8 millions out of 33)

- has a lot of Natural Resources (electricity, lumber, ore),

- holds a strategic location with the st-Lawrence seaway and would isolate the maritime provinces (NFL, NS, NB, PEI) from the rest of Canada.

- have few federal infrastructures on its territory

- is home of investments of very influencial corporations to the Canadian gov and for which Quebec's separation could diminish their revenues (ie Paul Desmarais's Power corporation)

Geopoliticaly, there is also the fear among some Canadians that a Canada without Quebec would further increase Canada's cultural assimilation to the US and potentialy make it US puppet state or 51st state in the very long term.

So bottom line: Quebec's independence would weaken Canada

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