Three Mauricie companies will be able to improve their productivity and increase their production capacity
News release
The Government of Canada awards nearly $450,000 in financial assistance to Entreprises E.F. Arseneault, Sablage Caso and RP Métal
November 14, 2018 – Louiseville, Quebec – Canada Economic Development for Quebec Regions (CED)
Les Entreprises E.F. Arseneault (known as Arseno), Sablage Caso and RP Métal are dynamic, growing companies. To maintain their momentum and continue growing, they will receive repayable contributions totalling $445,150 from Canada Economic Development for Quebec Regions.
The announcement was made today by David Lametti, Member of Parliament for LaSalle–Émard–Verdun and Parliamentary Secretary to the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. The funding granted by the Government of Canada will allow the recipient businesses to achieve their established growth objectives. By carrying out their respective projects, they will generate total investments of over $1.5 million and create six new jobs in the RCM of Maskinongé.
One of the Government of Canada's priorities is to ensure the prosperity of communities. That is why it supports businesses in their efforts to increase productivity, develop new products or improve existing products and services.
"I am proud of the Government of Canada's financial support for these three Mauricie companies, which stand out for their dynamism, vision and determination. These contributions will enable them to keep growing, strengthen their existing advantageous position and generate economic growth and high-quality jobs."
David Lametti, Member of Parliament for LaSalle–Émard–Verdun and Parliamentary Secretary to the Minister of Innovation, Science and Economic Development
"By helping companies invest in facilities, equipment and digital technologies that will improve their performance, the Government of Canada is standing by its commitments to drive expansion, innovation and exports. I am also pleased to know that these projects will help create high-quality jobs in Mauricie."
The Honourable Navdeep Bains, Minister responsible for CED
Quick facts
Today's announcement is made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which includes 17 federal departments and agencies, including CED and the five other regional development agencies.
The funding was awarded under CED's Quebec Economic Development Program
