Backgrounder - Support for 10 projects in the Appalaches RCM through the Canadian Initiative for the Economic Diversification of Communities Reliant on Chrysotile

From: Canada Economic Development for Quebec Regions

Backgrounder

January 24, 2018 – Thetford Mines, Quebec – Canada Economic Development for Quebec Regions (CED)

The Government of Canada is committed to investing in job creation to grow the economy and create wealth for Canadians. It is aware that communities need to diversify strategically by building on innovation to develop lasting regional competitive advantages. As such, support for the local economic development of communities is a priority for the Government of Canada.

The Honourable Marie-Claude Bibeau, Member of Parliament for Compton–Stanstead and Minister of International Development and La Francophonie, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, announced $3,529,892 in financial support for 10 projects in the Appalaches RCM.

The funding has been granted through CED’s Canadian Initiative for the Economic Diversification of Communities Reliant on Chrysotile.

Promoter	Contribution - Investments - Project description
Summary Number of projects: 10 Number of jobs created: 14 CED's contributions: $3,529,892 Total investments generated by these projects: $6,176,856
Ville de Thetford Mines (website in French only)	Non-repayable contribution of $2,097,000 out of a total investment of $2,333,000 The project consists in expanding Parc industriel Henri-Therrien to increase the city’s capacity to attract new investment projects. This involves building a new 425-metre-long street in the industrial park, starting at Setlakwe Street.
Industries MT inc. (website in French only)	Repayable contribution of $400,000 out of a total investment of $1,150,000 The project consists in acquiring a computer numerical control (CNC) machine and the peripheral equipment needed to operate it, as well as moving to a new building that is better adapted to the business’s growing needs. The company will thus be able to improve its productivity and increase its production capacity. Industries MT specializes in the manufacture of stationary industrial and mining machinery.
Oleotek inc.	Non-repayable contribution of $352,000 out of a total investment of $440,000 The project consists in acquiring and installing a reactor with a high-powered planetary shaker. Oleotek will be able to improve its technology transfer capacity in order to enhance the performance and innovation activities of SMEs. Oleotek is a college centre for technology transfer (CCTT) associated with the Cégep de Thetford. It provides applied research and technology transfer services for SMEs in green, renewable chemistry.
Comité de développement de Robertsonville inc.	Non-repayable contribution of $200,000 out of a total investment of $536,851 The project consists in putting up a new building in the Parc industriel de Robertsonville to increase the area’s capacity to attract new investment projects. The project will help retain businesses currently established in the municipality and attract new ones. The Comité de développement de Robertsonville Inc. is a non-profit organization that supports local economic development by making industrial spaces available to businesses and proponents.
Récupération Frontenac inc. (website in French only)	Repayable contribution of $175,000 out of a total investment of $1,026,000 The project involves the acquisition and installation of a new glass processing technology. The project will demonstrate the effectiveness of a clean technology used to sort and process glass from waste collection, valorizing the sorted glass and giving it to a recycler instead of paying to dispose of it. Récupération Frontenac Inc. is a non-profit social economy enterprise that operates a sorting centre for recyclable materials from residential and commercial waste collection.
LDetek inc.	Repayable contribution of $110,000 out of a total investment of $475,000 The project involves the acquisition and fit-up of a new building so the enterprise can expand its facilities, increase its production space and modernize the work environment. LDetek specializes in the design, manufacture and commercialization of gas analysis systems and equipment through a chromatographic process. The business also provides consulting services for the development of new chromatographic applications.
Société du patrimoine de Thetford Mines	Non-repayable contribution of $108,000 out of a total investment of $120,149 The project consists in restoring and upgrading the Magasin général O'Brien heritage site in the Black Lake sector, to consolidate and enhance the tourism offering in the Appalaches RCM. The Société du patrimoine de Thetford Mines is a non-profit organization that helps foster the conservation, restoration and maintenance of the heritage assets of the City of Thetford Mines.
Office de tourisme de la MRC des Appalaches (website in French only)	Non-repayable contribution of $40,914 out of a total investment of $45,460 The project involves structuring the development and promotion of the tourism industry in the Appalaches RCM. It consists in producing the 2017–2021 tourism development strategic plan for the Appalaches RCM. Non-repayable contribution of $31,500 out of a total investment of $35,000 The project involves structuring the development of the Mont Adstock recreational tourism area. It consists in producing a master plan, including a diagnosis, a commercialization plan and a governance proposal for the plan’s implementation. The Office de tourisme de la MRC des Appalaches is an organization dedicated to the development and promotion of tourism in the Thetford area.
Société de développement économique de la région de Thetford (website in French only)	Non-repayable contribution of $15,478 out of a total investment of $18,396 The project consists in conducting a market survey to measure the need for community infrastructure and specialized guidance infrastructure, as well as adapted equipment for small agri-food processing businesses in the Appalaches RCM and surrounding RCMs for the potential implementation of an agri-food processing centre. The Société de développement économique de la région de Thetford is an organization dedicated to local economic development and employment in the Thetford area.

Promoter

Contribution - Investments - Project description

Summary

Number of projects: 10
Number of jobs created: 14
CED's contributions: $3,529,892
Total investments generated by these projects: $6,176,856

Ville de Thetford Mines

(website in French only)

Non-repayable contribution of $2,097,000 out of a total investment of $2,333,000

The project consists in expanding Parc industriel Henri-Therrien to increase the city’s capacity to attract new investment projects. This involves building a new 425-metre-long street in the industrial park, starting at Setlakwe Street.

Industries MT inc.

(website in French only)

Repayable contribution of $400,000 out of a total investment of $1,150,000

The project consists in acquiring a computer numerical control (CNC) machine and the peripheral equipment needed to operate it, as well as moving to a new building that is better adapted to the business’s growing needs. The company will thus be able to improve its productivity and increase its production capacity.

Industries MT specializes in the manufacture of stationary industrial and mining machinery.

Oleotek inc.

Non-repayable contribution of $352,000 out of a total investment of $440,000

The project consists in acquiring and installing a reactor with a high-powered planetary shaker. Oleotek will be able to improve its technology transfer capacity in order to enhance the performance and innovation activities of SMEs.

Oleotek is a college centre for technology transfer (CCTT) associated with the Cégep de Thetford. It provides applied research and technology transfer services for SMEs in green, renewable chemistry.

Comité de développement de Robertsonville inc.

Non-repayable contribution of $200,000 out of a total investment of $536,851

The project consists in putting up a new building in the Parc industriel de Robertsonville to increase the area’s capacity to attract new investment projects. The project will help retain businesses currently established in the municipality and attract new ones.

The Comité de développement de Robertsonville Inc. is a non-profit organization that supports local economic development by making industrial spaces available to businesses and proponents.

Récupération Frontenac inc.

(website in French only)

Repayable contribution of $175,000 out of a total investment of $1,026,000

The project involves the acquisition and installation of a new glass processing technology. The project will demonstrate the effectiveness of a clean technology used to sort and process glass from waste collection, valorizing the sorted glass and giving it to a recycler instead of paying to dispose of it.

Récupération Frontenac Inc. is a non-profit social economy enterprise that operates a sorting centre for recyclable materials from residential and commercial waste collection.

LDetek inc.

Repayable contribution of $110,000 out of a total investment of $475,000

The project involves the acquisition and fit-up of a new building so the enterprise can expand its facilities, increase its production space and modernize the work environment.

LDetek specializes in the design, manufacture and commercialization of gas analysis systems and equipment through a chromatographic process. The business also provides consulting services for the development of new chromatographic applications.

Société du patrimoine de Thetford Mines

Non-repayable contribution of $108,000 out of a total investment of $120,149

The project consists in restoring and upgrading the Magasin général O'Brien heritage site in the Black Lake sector, to consolidate and enhance the tourism offering in the Appalaches RCM.

The Société du patrimoine de Thetford Mines is a non-profit organization that helps foster the conservation, restoration and maintenance of the heritage assets of the City of Thetford Mines.

Office de tourisme de la MRC des Appalaches

(website in French only)

Non-repayable contribution of $40,914 out of a total investment of $45,460

The project involves structuring the development and promotion of the tourism industry in the Appalaches RCM. It consists in producing the 2017–2021 tourism development strategic plan for the Appalaches RCM.

Non-repayable contribution of $31,500 out of a total investment of $35,000

The project involves structuring the development of the Mont Adstock recreational tourism area. It consists in producing a master plan, including a diagnosis, a commercialization plan and a governance proposal for the plan’s implementation.

The Office de tourisme de la MRC des Appalaches is an organization dedicated to the development and promotion of tourism in the Thetford area.

Société de développement économique de la région de Thetford

(website in French only)

Non-repayable contribution of $15,478 out of a total investment of $18,396

The project consists in conducting a market survey to measure the need for community infrastructure and specialized guidance infrastructure, as well as adapted equipment for small agri-food processing businesses in the Appalaches RCM and surrounding RCMs for the potential implementation of an agri-food processing centre.

The Société de développement économique de la région de Thetford is an organization dedicated to local economic development and employment in the Thetford area.

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2018-02-02