March 28, 2013 16:30 ET
Promoting Jobs, Growth and Economic Prosperity in Manufacturing
RICHMOND, BRITISH COLUMBIA--(Marketwire - March 28, 2013) - While highlighting the Harper Government's support for the manufacturing sector in Economic Action Plan 2013, the Honourable Kerry-Lynne Findlay, Q.C., Associate Minister of National Defence and Member of Parliament for Delta-Richmond East, today announced a repayable contribution of $13.3 million to British Columbia's Norsat International Inc. The contribution, being made through the Strategic Aerospace and Defence Initiative (SADI), will support a research and development project aimed at improving the company's line of satellite terminals, microwave components and radio frequency antennas.
"Job creation and economic growth remain our government's top priorities, and we recognize that the manufacturing industry is more important than ever to our region's long-term prosperity," said Minister Findlay. "This repayable contribution will allow Norsat to broaden its research capacity and maintain its leadership position in the industry while fostering collaboration with university researchers."
Economic Action Plan 2013 includes a number of measures to further help Canada's manufacturers grow, stay competitive and create jobs, including:
Norsat is a major provider of broadband communications products for data transmission in remote and austere environments. The company will use the Harper Government's contribution to design a new set of satellite terminals and microwave components.
Over the past four years, the Harper Government has committed more than $890 million through SADI to fund 29 advanced research and development projects. For more information on the program, please visit the SADI website (www.ic.gc.ca/eic/site/ito-oti.nsf/eng/h_00022.html).
Margaux StastnyDirector of CommunicationsOffice of the Honourable Christian ParadisMinister of Industry613-995-9001Andrea RicherPress SecretaryOffice of the Honourable Kerry-Lynne D. FindlayAssociate Minister of National Defence613-240-9359Media RelationsIndustry Canada613-943-2502
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