GOVERNMENT OF CANADA CONTRIBUTES $462,709 TO SUPPORT EXPORT ASSISTANCE FOR EASTERN MONTREAL SMEs

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New agreement with Eastern Montreal Board of Trade and Industry Montreal, September 28, 2004 -- The Honourable Jacques Saada, Minister of Canada Economic Development and Minister responsible for the Francophonie, today announced the renewal of an agreement between Canada Economic Development and the Eastern Montreal Board of Trade and Industry (Chambre de commerce et d'industrie de l'Est de l'île de Montréal, or CCIEIM) to provide financial support for the activities of the Board of Trade's export assistance service over the next three years through a $462,709 contribution. 'The CCIEIM's training and export awareness activities meet a need expressed by entrepreneurs in Eastern Montreal,' Mr. Saada pointed out. 'Moreover, this contribution is in line with one of our Île-de-Montréal business office's major focuses for intervention ¿ development of foreign markets for Montreal firms.' This contribution from Canada Economic Development follows a first $450,000 grant awarded to the CCIEIM in 1999 to set up its export assistance service, whose activities include awareness, skills development, export advice and support for entering foreign markets. 'The arrival of new Quebec enterprises on foreign markets and growth in sales abroad by enterprises that are already exporting together constitute a promising engine of growth in terms of employment and economic development in Eastern Montreal,' added Minister Saada. 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. - 30 - Sources: Suzanne ThébargeCommunicationsCanada Economic Development(514) 283-8012Jean-François Del TorchioPress SecretaryOffice of the Honourable Jacques Saada(514) 496-1282

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GOVERNMENT OF CANADA CONTRIBUTES $462,709 TO SUPPORT EXPORT ASSISTANCE FOR EASTERN MONTREAL SMEs

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