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Major Aerospace Announcement by the Government of Canada in the Wings of the International Paris Air Show

ID: 1366684

15 companies and one organization from the Quebec aerospace sector to share more than $11 million in funding for projects that will generate over $78 million in investment

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 06/17/15 -- Canada Economic Development for Quebec Regions (CED)

The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today announced, on the margins of the International Paris Air Show, the awarding of funding to 15 businesses and one organization from the Quebec aerospace sector.

This assistance is being granted in the form of 15 repayable and one non-repayable contributions totalling $11,595,742 through CED''s Quebec Economic Development Program (QEDP).

Quick facts

Quote

"Supporting innovation and research and development is one of the pillars of the strategy the Government of Canada has put in place to create a high-performance economy that generates wealth and jobs. It is for this reason that we have decided, without hesitation, to lend our financial support to Quebec and Canadian aerospace companies that are helping to build our country''s economic vitality."

Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

Related document

See the accompanying backgrounder for further details on these 16 projects.

Related link

For more information of the QEDP:



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BACKGROUNDER

Summary

Total number of projects: 16

Total contribution from Canada Economic Development: $11,595,742

Total investment generated by these projects: $78,731, 751



Contacts:
Media Relations
Canada Economic Development for Quebec Regions
514-283-8818


Vincent Rabault
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development for Quebec Regions




514-496-1282


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Bereitgestellt von Benutzer: Marketwired
Datum: 17.06.2015 - 08:11 Uhr
Sprache: Deutsch
News-ID 1366684
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