Over $318,000 to support economic and community development in the Montmagny MRC

May 25, 2017 – Montmagny, Quebec – Canada Economic Development for Quebec Regions (CED) 

Marc Miller, Parliamentary Secretary to the Minister of Infrastructure and Communities and Member of Parliament for Ville-Marie—Le Sud-Ouest—Île-des-Sœurs, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, took the opportunity while in the region to announce $318,498 in financial support in the form of repayable and non-repayable contributions for a business and two organizations in the Montmagny region. 

By ensuring that businesses and organizations have the resources they need to invest in growth and implement mobilizing community projects, the Government of Canada is contributing to the creation of quality jobs in the Montmagny MRC and to improvement of the quality of life of residents. 

First of all, financial assistance for K-Trail Inc. ($140,000 and $78,338) under the Quebec Economic Development Program (QEDP) will allow the business to purchase and install production equipment to increase productivity and ensure growth. 

The municipality of Notre-Dame-du-Rosaire ($69,300) and Le Havre de Berthier-sur-Mer inc. ($30,860) will be receiving support under the Canada 150 Community Infrastructure Program (CIP 150), in one case to replace the heating system in the municipal building where the community rooms are located and, in the other, to upgrade part of the floating dock network. 

CED is one of six regional development agencies under the responsibility of the Minister for Innovation, Science and Economic Development, the Honourable Navdeep Bains.