Canada Economic Development



Canada Economic Development

May 03, 2013 10:00 ET

Government of Canada Lends Financial Support to Centre de developpement des composites du Québec

SAINT-JÉRÔME, QUEBEC--(Marketwired - May 3, 2013) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, Minister of the Economic Development Agency of Canada for the Regions of Quebec and Minister of Intergovernmental Affairs, today announced that the Centre de développement des composites du Québec (CDCQ) has been granted financial assistance for the acquisition of technological equipment and measuring instruments.

"By funding the Centre de développement des composites du Québec, the Government of Canada is giving a real boost to innovation, research, and the development and growth of the economy," said Minister Lebel.

Part of Saint-Jérôme CEGEP, the CDCQ offers businesses in the composite materials sector a range of services (research, testing, expertise, training, etc.) to help them improve their practices and harness the potential of the latest technologies. In promoting the transfer of technology, this not-for-profit organization acts as an important lever for the development, innovativeness and competitiveness of small and medium-sized enterprises. The Quebec composites sector includes some 200 companies.

This funding from Canada Economic Development will enable the CDCQ to upgrade both its multi-purpose and material characterization laboratories, notably through the acquisition of a large-capacity hydraulic press and equipment for testing the resistance of materials in traction, compression and flection.

"Our government remains focused on four priorities, as outlined by the Prime Minister, that Canadians care most about: their families, the safety of our streets and communities, their pride in being a citizen of this country, and of course, their personal financial security," Minister Lebel concluded.

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This assistance, granted in the form of a $347,200 non-repayable financial contribution, has been awarded through Canada Economic Development's Quebec Economic Development Program.

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