GOVERNMENT OF CANADA AWARDS $66,666 TO THE ASSOCIATION FORESTIÈRE DE L'ABITIBI-TÉMISCAMINGUE

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Val d'Or (Quebec) September 9, 2004 -- The Honourable Jacques Saada, Minister for Canada Economic Development and Minister responsible for the Francophonie, today announced a non-refundable contribution of $66,666 to the Association forestière de l'Abitibi-Témiscamingue to assist it in hosting the conference on engineered wood and wooden building systems to be held on November 11-12 in Val-d'Or. 'Abitibi-Témiscamingue already possesses a head start in this industry sector, but it is important to support the players in the industry in their endeavour to originate concrete economic diversification projects,' Mr. Saada declared. The aim of this province-wide conference is to identify business opportunities that will promote the dissemination of information about the sector, raise awareness in primary processing companies, and encourage dialogue among promoters, investors and resources involved in developing the project. This contribution by Canada Economic Development has been awarded to the Association under the Softwood Industry and Community Economic Adjustment (SICEA) initiative program. 'The current lumber industry situation poses various challenges including the revision of business strategies. It is, moreover, in view of coming to the assistance of affected communities that the Government of Canada has implemented this program. We hope that this conference will help in finding concrete solutions that will help them consolidate their future,' the Minister concluded. Canada Economic Development's mandate is to promote the economic development of the regions of Quebec. Primarily through financial assistance programs, the Agency elicits and supports the implementation of economic development projects. The two priorities the Agency has set itself are to foster innovation and the knowledge economy in each region of Quebec, and to help communities that are having difficulty adjusting to the new economy. In this way, the Agency contributes to the attainment of the Government of Canada's objective of building the 21st Century economy. Funding for this initiative was provided for in the March 2004 budget. - 30 - Sources : François BélisleCommunicationsCanada Economic Development(819) 825-5260 ext. 235Jean-François Del TorchioPress SecretaryOffice of the Honourable Jacques Saada(514) 496-1282

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GOVERNMENT OF CANADA AWARDS $66,666 TO THE ASSOCIATION FORESTIÈRE DE L'ABITIBI-TÉMISCAMINGUE

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