Twelve projects to create more than 50 jobs in 10 fast-growing Gaspé businesses
News release
Government of Canada awards more than $2.5 million in financial assistance for investment projects worth nearly $10 million.
July 12, 2018 – Gaspé, Quebec – Canada Economic Development for Quebec Regions (CED)
In 2017, the Government of Canada adopted an ambitious plan to support entrepreneurial drive through concrete initiatives. As a true economic driver, innovation is the key to success because it generates growth that benefits businesses and communities.
With $2,693,822 in financial support from the Government of Canada, Eocycle Technologies Inc., B.B. Group Inc. High Performance Brake Pads, Econergie GPmm Inc., O'Dwyer Micro-Distillerie Gaspésienne Inc., Forillon Shipyard Inc., Suspendem Rope Access Inc., Les Produits Tapp Inc., Hôtel Baker Ltée, ML6 Inc. and Microbrasserie Cap Gaspé Craft Brewing Co. will move forward with investment projects evaluated at nearly $10 million.
The announcement was made today by the Honourable Diane Lebouthillier, Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED.
The funding granted through CED’s Quebec Economic Development Program will help the recipient businesses carry out many types of projects: start-ups, increase in production capacity, productivity enhancement, innovation-based marketing and equipment purchases. These projects are expected to create more than 50 good-quality jobs in the area.
Quotes
“I am proud of the Government of Canada’s support for these 10 Gaspé companies, which set themselves apart by their vitality, boldness and innovation. The contributions will help them continue to develop and generate economic growth and high-quality jobs.”
The Honourable Diane Lebouthillier, Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue
“By helping businesses invest in equipment and devices that will enhance their performance, and by promoting start-up, product marketing and market development projects, the Government of Canada is standing by its commitment to foster expansion, innovation and exports. I am also delighted to know that these projects will help create more than 50 high-quality jobs in Gaspésie.”
The Honourable Navdeep Bains, Minister responsible for CED
Quick facts
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CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
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This year marks the 50th anniversary of federal regional economic development in Quebec: half a century of concrete action dedicated to the development of the regions and local businesses.
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For more information on CED and its priorities, consult the 2018–19 Departmental Plan or visit www.dec-ced.gc.ca.
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Contacts
Media Relations
Canada Economic Development for Quebec Regions
514-283-7443
dec.media.ced@canada.ca
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