Backgrounder: Government of Canada invests nearly $6M in promoting the development of the Îles-de-la-Madeleine

Centre de recherche sur les milieux insulaires et maritimes (CERMIM)

The project targets the growth of the innovation ecosystem in the Îles-de-la-Madeleine by setting up a regional innovation, research and development hub. This hub will enable CERMIM to attract businesses and help them with their innovation and growth projects in new custom facilities that include chemical and IT labs as well as business incubation and networking spaces.

Jobs and Growth Fund

$1,526,865
^{(non-repayable)}

$3,430,589

Coopérative des Pêcheurs de Cap Dauphin

In the context of the COVID-19 pandemic, the project aims to increase the live lobster storage capacity and upgrade the staff cafeteria in keeping with health standards.

Canadian Seafood Stabilization Fund

$1,392,000
^(repayable)

$4,631,000

Homard du Cap des Îles inc.

In the context of the COVID-19 pandemic, the project aims to increase the storage capacity of this seafood processor.

Canadian Seafood Stabilization Fund

$1,385,773
^(repayable))

$3,281,559

Municipalité des Îles-de-la-Madeleine

The project aims to upgrade parks and recreational facilities in the municipality in support of community development.

Canada Community Revitalization Fund

$750,000
^{(non-repayable)}

$1,917,810

Centre Alfred Gallant inc.

The project aims to renovate community buildings and build medical facilities in Fatima in support of community development.

Canada Community Revitalization Fund

$500,000
^{(non-repayable)}

$930,510

Solutions Distributions IM inc.

The projects aims to increase innovation potential, step up digitization and create a comprehensive inventory management interface driven by artificial intelligence. The business sells, distributes and markets food and non-food items in the Îles-de-la-Madeleine.

Jobs and Growth Fund

$100,000
^(repayable)

$208,079

Alcyon sel de mer inc.

The project aims to support the start-up of the business, which will position itself on the agri-tourism circuit. The project’s key activities involve acquiring sea salt processing equipment, making leasehold improvements to the building and setting up related equipment (soil testing, drinking water and septic field), and carrying out marketing activities, including the design of a website.

Quebec Economic Development Program

$95,000
^(repayable)

$397,150

Maison des jeunes des Îles-de-la-Madeleine

The project aims to build outdoor sports facilities and garden boxes in support of community development.

Canada Community Revitalization Fund

$35,464
^{(non-repayable)}

$50,186