Canada Economic Development

Canada Economic Development

February 01, 2012 14:00 ET

Government of Canada Provides Financial Support for Startup of Systemes R-Secur-T Inc.

TERREBONNE, QUEBEC--(Marketwire - Feb. 1, 2012) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today announced that Systèmes R-Secur-T Inc. is being granted financial assistance to start up its activities and commercialize its innovative wheel-blocking system for trailers in Canada and the United States.

"In providing financial support for the startup of Systèmes R-Secur-T," stated Minister Lebel, "the Government of Canada is truly boosting innovation today."

Systèmes R-Secur-T Inc., a transportation equipment-sector enterprise, has developed a revolutionary wheel-blocking system for trailers. That technological innovation, protected by an international patent, is eliciting interest from trailer manufacturers and owners, and offers attractive domestic and international market prospects for this high-growth-potential enterprise.

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The $305,000 in repayable financial assistance announced today was provided under Canada Economic Development's Business and Regional Growth program.

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