Canada Economic Development

Canada Economic Development

November 09, 2011 10:00 ET

Government of Canada, Partner of Symposium forestier 2011

LA TUQUE, QUEBEC--(Marketwire - Nov. 9, 2011) - The Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announces that the Association forestière de la Vallée du St-Maurice has been granted $36,000 in non-repayable funding for Symposium forestier 2011, a forestry conference taking place November 9 and 10 in La Tuque.

"This event organized by the Association forestière de la Vallée du St-Maurice will serve as an ideal opportunity for participants to talk about the new processes, technological advances and future prospects facing the forest industry," said Minister Lebel.

Founded in 1990, the Association forestière de la Vallée du St-Maurice is dedicated to raising awareness among the public and regional stakeholders regarding the social, economic and environmental importance of the forest sector. Its goal is also to bring together decision-makers concerned with the economic diversification of the forest products industry.

The financial assistance from Canada Economic Development will be used to cover the costs of coordinating and promoting the symposium and of offering simultaneous translation services and high-level guest speakers.

This funding has been granted through the Temporary Initiative for the Strengthening of Quebec's Forest Economies (TISQFE).

About the TISQFE

The Temporary Initiative for the Strengthening of Quebec's Forest Economies was brought into force in June 2010 to help communities affected by the forestry crisis diversify their economies in order to ensure their growth and create and maintain employment. The initiative's goal is also to support small and medium-sized businesses in these communities in their efforts to secure their viability and sustainable development.

This past July 14, the Government of Canada announced its intention to allocate a further $20 million in funding over two years to support the Quebec silvicultural sector for the years 2011 and 2012.

This measure is one of several put in place by the Government of Canada in the past months to counteract the effects of the forest crisis. Others include, for example, the Community Adjustment Fund, with its $1 billion budget over two years to mitigate the impacts of the crisis, the $1 billion granted to the Pulp and Paper Green Transformation Program to help enterprises carry out environmentally-friendly projects and the $230 million invested, in collaboration with the Government of Quebec, for silvicultural work and the restoration of bridges and culverts on multi-use forest roads. Workers have also received their fair share of support, with the Government of Canada introducing some of the most generous measures in history to help them through the economic crisis.

For more information on the Association forestière de la Vallée du St-Maurice, visit www.afvsm.qc.ca

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