Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

December 19, 2016 10:30 ET

Creation of new jobs in Baie-des-Chaleurs

Groupe FabDelta Inc. in New Richmond receives financial assistance from the Government of Canada

NEW RICHMOND, QUEBEC--(Marketwired - Dec. 19, 2016) - Canada Economic Development for Quebec Regions (CED)

The Government of Canada is committed to taking steps to strengthen the economy by helping manufacturers become more innovative, competitive and successful. This commitment is palpable in our support for innovation in the development of clean technologies.

Acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, the Honourable Diane Lebouthillier, Member of Parliament for Gaspésie-Les Îles-de-la-Madeleine and Minister of National Revenue, announced that the enterprise has been granted $1M in financial assistance, in the form of a repayable contribution, to expand and refit an industrial building and to acquire specialized equipment, gantries and a crane.

Located in New Richmond, Groupe FabDelta manufactures wind turbine hubs.

Quotes

"The Government of Canada is committed to promoting the role of innovation as an important way of encouraging business diversification and growth. We also have to build on our competitiveness and maximize our industrial and business knowledge to make Canada a leader in clean technology across all sectors of the economy. We are proud to contribute to the growth of Groupe FabDelta, whose project will generate new jobs for the middle class in the Gaspésie-Îles-de-la-Madeleine region."

- The Honourable Diane Lebouthillier, Minister of National Revenue

"We support Canadian enterprises that are focused on innovation. Innovation is a real driving force and the key to success in that it generates growth that benefits businesses and communities. Our goal in supporting Groupe FabDelta in its project is to work with one another to deliver on our commitments and get results for Canadians."

- The Honourable Navdeep Bains, Minister responsible for CED

"The support from Canada Economic Development for Quebec Regions to Groupe FabDelta is very good news for citizens in our region. Groupe FabDelta will be the only business in North America to offer an assembled, ready-to-install hub. In addition, our collaboration with Siemens Wind Energy will give us access to a larger market."

- François Arsenault, President of Groupe FabDelta

CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.

Related link

For more information on the QEDP: http://www.dec-ced.gc.ca/eng/programs/qedp/index.html

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