Backgrounder: $2.8M from Government of Canada to stimulate economic growth in Gaspésie region
Backgrounder
Gaspé, Quebec, March 7, 2025 – Canada Economic Development for Quebec Regions (CED)
The following information is in addition to the news release issued on March 7, 2025, on CED’s financial assistance, the recipient organizations, and their respective projects.
Summary
- 14 projects supported by CED.
- $2,857,686 in CED financial contributions, provided under the Regional Economic Growth through Innovation(REGI) program, the Quebec Economic Development Program (QEDP) or the Tourism Growth Program (TGP).
- $4,127,207 in total investments generated.
Details
Funding recipient | Regional County Municipality | Project description | Main activities funded by CED | CED’s contribution | Total project cost |
---|---|---|---|---|---|
Avignon |
To enhance the tourism experience in the Municipalité de Pointe-à-la-Croix by developing a new attraction at the Parc du Vieux Quai. |
CED’s assistance, provided under the QEDP, will focus on establishing the interpretive trail and fees to promote and coordinate the project. |
$600,000 (non-repayable) |
$1,273,173 |
|
Avignon |
To improve the productivity and reduce the GHG emissions of the Groupement coopératif agro-forestier de la Ristigouche’s maple syrup unit by building a sugar shack and acquiring and installing underground equipment. |
CED’s assistance, provided under the REGI program, will cover expenses related to building construction work and equipment acquisition and installation. |
$500,000 (repayable) |
$1,247,295 |
|
Na’gu’set Mesen’g Inc. (Tracey Metallic Designs) |
Avignon |
To develop Na’gu’set Mesen’g’s production capacity and increase its creation and storage space and retail facilities, by expanding the business. |
CED’s assistance, provided under the REGI program, will cover expenses related to building construction work and equipment acquisition and installation. |
$500,000 (repayable) |
$1,109,922 |
Le Rocher-Percé |
To increase production capacity and foster the growth of a business specializing in the processing of seafood products by acquiring and installing new automated equipment to process snow crab. |
CED’s assistance, provided under the REGI program, will focus on overall capital costs related to the project and delivery and installation costs. |
$285,077 (repayable) |
$408,960 |
|
Le Club des sportifs de Petite-Vallée |
La Côte-de-Gaspé |
To enhance the tourism experience for youth at the Club des sportifs de Petite-Vallée by laying out and developing all-season multi-use trails in the backcountry of the Municipalité de Petite-Vallée. |
CED’s assistance, provided under the TGP, will focus on all costs except for fees related to the project lead and preliminary study. |
$193,786 (non-repayable) |
$371,636 |
Avignon |
To conduct a feasibility and optimization study of the tourism sector for a First Nations community on the Gaspésie coast. |
CED’s assistance, provided under the QEDP, will cover all project costs that are professional fees. |
$148,500 (non-repayable) |
$165,000 |
|
La Côte-de-Gaspé |
To support the organization and holding of sporting events by Événements Gaspesia, their marketing on national and international markets and the development of a new stage race product. |
The activities supported through CED funding, provided under the QEDP, include developing the new race product and covering marketing costs outside Quebec, over a one-year period. |
$136,000 (non-repayable) |
$512,426 |
|
B.B. High Performance Brake Pads Inc. (Kuma Brakes) |
La Côte-de-Gaspé |
To strengthen Kuma Brakes’ competitiveness by developing an innovative range of durable brake pads. |
CED’s assistance, provided under the REGI program, will focus on the hiring of specialized external resources and the cost of raw materials, tooling and travel related to the project. |
$99,950 (non- repayable) |
$263,000 |
Moulures Gaspésiennes inc. |
Le Rocher-Percé |
To support the launch of Moulures Gaspésiennes by establishing a production chain. |
CED’s assistance, provided under the QEDP, will focus on the acquisition and installation of production equipment. |
$99,900 (non-repayable) |
$411,270 |
Avignon |
To acquire specialized saltwater aquaculture equipment for scallop farming and harvesting, by the Listuguj Mi’gmaq Government. |
CED’s assistance, provided under the QEDP, will cover the cost of acquiring, transporting, installing and testing the equipment. |
$75,143 (non-repayable) |
$87,384 |
|
Bonaventure |
To conduct marketing activities for the New Richmond Bluegrass Festival, targeting tourists from outside the province. |
CED’s assistance, provided under the QEDP, will focus on expenses specific to the marketing strategy outside Quebec and covers the festival’s 2025, 2026 and 2027. |
$66,744 (non-repayable) |
$236,256 |
|
Bonaventure |
To conduct a feasibility study as part of a Rail GD project. |
CED’s assistance, provided under the REGI program, will focus on professional fees related to the feasibility study. |
$61,600 (repayable) |
$261,200 |
|
La Côté-de-Gaspé |
To increase the production capacity of a business specializing in the processing of organic lactofermented vegetables by acquiring and installing new production equipment. |
CED’s assistance, provided under the REGI program, will focus on overall costs related to the acquisition, delivery and installation of the production equipment. |
$40,986 (repayable) |
$81,971 |
|
Avignon |
To support the organization and holding of the 2026 edition of the Festival international du journalisme de Carleton-sur-Mer, as well as marketing of the event. |
CED’s assistance, provided under the QEDP, will focus on marketing activities on Quebec, Canadian and international markets. |
$50,000 (non-repayable) |
$513,800 |
Information
Media Relations, CED
media@dec-ced.gc.ca
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