Backgrounder: Nearly $39M in federal investments for reliable, affordable regional air service

Backgrounder

Saint-Irénée, Quebec, August 11, 2021 Canada Economic Development for Quebec Regions (CED)

The following information is in addition to the news release issued on August 11, 2021, on CED’s financial assistance, recipient businesses, and their respective projects.

Summary

  • 11 projects supported by CED
  • $38,930,308 in financial contributions from CED

Details

Region Recipient Activities funded by CED Contribution

Abitibi-Témiscamingue

Ville de Rouyn-Noranda

CED’s funding would enable the Ville de Rouyn‑Noranda to build an airport centre, extend the tarmac, acquire handling equipment, and retain professional services. The project is expected to lead to the maintenance of 12 positions and the creation of 10 jobs.

$15,051,036*

Non-repayable

Montérégie

Pascan Aviation (9736140 Canada Inc.)

CED’s funding would focus mainly on the costs associated with adding regional flights, salaries, maintenance, services and sundries, as well as on the acquisition of equipment and the technological upgrading of computer systems. The project is expected to lead to the creation of 15 jobs.

$8,800,000*

Repayable

Greater Montréal

Air Inuit Ltd.

CED’s assistance would focus on the acquisition and installation of airplane and aircraft maintenance, baggage handling and aircraft de‑icing equipment, as well as computer gear.

$4,472,894*

Repayable

Laurentides

Coopérative de transport régional du Québec (TREQ)

CED’s contribution would focus on the implementation of a marketing strategy, the acquisition of equipment and a component inventory, as well as the operating costs to launch a new low-cost regional air transportation offering in Quebec. The project is expected to lead to the creation of 60 jobs.

$3,500,000*

Repayable

Abitibi-Témiscamingue

Aéroport régional de Val-d’Or

CED’s assistance would focus mainly on expanding passenger parking, the purchase of passenger safety and airport maintenance equipment (light scraper, sealer, self-propelled snow blower, electrical terminals and wheel loaders), as well as the purchase of equipment to apply sanitation measures.

$2,699,632*

Non-repayable

Capitale-Nationale

MRC de Charlevoix-Est

To maintain and improve its airport service, the RCM of Charlevoix-Est is receiving financial support to acquire a fueling system, snowploughs, and a tank truck. To improve its airport facilities, it will also build a garage and hangars. The project will lead to the maintenance of three jobs.

$1,983,600

Non-repayable

Nord-du-Québec

Cree Nation of Chisasibi

The Cree Nation of Chisasibi, which owns its airport, is expected to receive financial support to acquire new equipment to maintain its airport facilities, as well as to complete plans and specifications to expand its air terminal and its components.

$1,487,195*

Non-repayable

Nord-du-Québec

Société de développement de la Baie-James

With CED’s support, the Société de développement de la Baie-James would acquire new equipment to ensure adequate maintenance of its La Grande-Rivière airport facilities and to improve site safety. The project would help maintain four seasonal jobs.

$738,011*

Non-repayable

Abitibi-Témiscamingue

Ville d’Amos

CED’s contribution focuses on the acquisition of baggage handling equipment to ensure compliance with health measures and meet the needs of air carriers in the Abitibi‑Témiscamingue and Nord‑du-Québec regions. The project will help maintain three jobs and improve the services offered.

$107,640

Non-repayable

Montérégie

Réseau québécois des aéroports (RQA) (Conseil des aéroports du Québec)

To support the greening of operations and the promotion of best environmental practices among Quebec’s airports, the RQA is expected to receive a one-time contribution to cover the cost of developing and implementing a management guide and an environmental valuation tool.

$52,800*

Non-repayable

Nord-du-Québec

Air Creebec Inc.

CED’s support would focus on the acquisition and installation of computer equipment as part of a project to modernize reservation systems in partnership with two other airline companies.

$37,500*

Repayable

* The funding announced today is conditional to the signing of a contribution agreement between CED and the business or organization..

Information

Media Relations, CED
media@dec-ced.gc.ca

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