The Government of Canada awards nearly $300,000 in financial assistance to three Rimouski businesses
March 26, 2019 – Rimouski, Quebec – Canada Economic Development for Quebec Regions (CED)
BSL Casting Inc., Puribec (1981) Inc. (Puribec) and Pouliot Machinerie Inc. (PMI) Structures will be able to continue their growth and improve their productivity more effectively with the help of a total of $294,780 in repayable contributions from Canada Economic Development for Quebec Regions.
With this financial assistance, BSL Casting will be able to increase its productivity and production capacity through the acquisition of various pieces of equipment, while Puribec will be able to enhance its performance through the implementation of its new integrated management system. The contribution paid to PMI will help the business shift to Industry 4.0 through the purchase of digital technology.
The funding was announced today by Rémi Massé, Member of Parliament for Avignon–La Mitis–Matane–Matapédia and Parliamentary Secretary to the Minister of Innovation, Science and Economic Development. The Government of Canada's assistance will help the recipient businesses achieve their set objectives. Their respective projects will generate total investments of over $900,000.
The Government of Canada is committed to creating close partnerships with Quebec businesses to support their efforts to innovate, increase their productivity and competitiveness, and contribute to the economic vitality of the regions, the creation of jobs and the improvement of citizens' quality of life.
"BSL Casting, Puribec and PMI are businesses that actively contribute to the economic vitality of our region. I am proud that the Government of Canada is supporting innovative projects that translate into success for entrepreneurs and growth for the Canadian economy."
Rémi Massé, Member of Parliament for Avignon–La Mitis–Matane–Matapédia and Parliamentary Secretary to the Minister of Innovation, Science and Economic Development
"As Minister of Innovation, Science and Economic Development, my goal is to help businesses grow and innovate so that they can increase their competitiveness and create good-quality jobs and wealth for Canadians. This is why we are supporting BSL Casting, Puribec and PMI, whose own successes reflect on the Bas-Saint-Laurent region and the Canadian economy as a whole."
The Honourable Navdeep Bains, Minister responsible for CED
Quick facts
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Today's announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies.
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The funding was awarded under CED's Quebec Economic Development Program and Regional Economic Growth through Innovation (REGI) program.
