The Government of Canada awards more than $45,000 in funding to this Matane-based SME
MATANE, QC, Oct, 11, 2018 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)
Rémi Massé, Member of Parliament for Avignon–La Mitis–Matane–Matapédia, acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, announced today that Métal en feuilles de Matane (1989) inc. would receive a repayable contribution of $45,648 to help the company improve its productivity and enhance its production capacity.
The company aims to pursue its growth by improving its performance. The funding granted through CED's Quebec Economic Development Program will be used by Métal en feuilles de Matane to acquire and install higher-performance equipment that is better adapted to the demand of its clients, including a digitally controlled hydraulic shear and folder.
The Matane-based company specializes in the manufacturing and welding of aluminum and corrosion-resistant metals made from sheet metal for the food processing, shipbuilding, concrete, pulp and paper, construction and renovation industry sectors.
A driving force of the economy, innovation is the key to success because it generates growth that benefits both businesses and communities. This is why the Government of Canada is committed to supporting innovative Canadian businesses like Métal en feuilles de Matane to allow them to grow and create high-quality jobs.
"Here is an innovative regional business that has invested in new technologies to foster its growth. Our government fully supports bold businesses such as Métal en feuilles de Matane that have a vision for increasing their productivity."
Rémi Massé, MP for Avignon–La Mitis–Matane–Matapédia
"As Minister of Innovation, Science and Economic Development, my goal is to help businesses grow and innovate so that they can increase their market competitiveness and create good-quality jobs and wealth for Canadians. This is why we support businesses like Métal en feuilles de Matane, whose success reflects on the region and on the Canadian economy as a whole."
The Honourable Navdeep Bains, Minister responsible for CED
"We are very grateful for the assistance provided by Canada Economic Development for Quebec Regions, which has supported all of our projects over the past 10 years. The funding will allow us to improve our performance and pursue our growth."
Régis Fournier, President of Métal en feuilles de Matane
- CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
- This year marks the 50th anniversary of federal regional economic development in Quebec: half a century of concrete action dedicated to the growth of Quebec's regions and businesses.
- To find out more about CED and its priorities, see the 2018–2019 Departmental Plan or visit www.dec-ced.gc.ca.
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SOURCE Canada Economic Development for Quebec Regions