Government of Canada supports four Saguenay–Lac-Saint-Jean organizations to grow and diversify regional economy
Backgrounder: Government of Canada supports four Saguenay–Lac-Saint-Jean organizations to grow and diversify regional economy
February 11, 2025 – Saguenay, Quebec – Canada Economic Development for Quebec Regions (CED)
The Government of Canada is committed to supporting economic growth and diversification in all regions of Canada, including Saguenay–Lac-Saint-Jean. Today, the Honourable Pascale St-Onge, Minister of Sport and Minister responsible for CED, announced financial support for four organizations in this region.
These organizations are receiving a total of $3,235,960 through CED’s Regional Economic Growth through Innovation (REGI) program. This funding will allow them to implement projects that will stimulate innovation, increase productivity, and support job creation.
- Association de la construction du Saguenay−Lac-Saint-Jean (ACS): $1,000,000
This funding will support the development of a regional construction hub that will provide training, support services, and networking opportunities for businesses and workers in the sector.
- Centre de développement technologique du Saguenay–Lac-Saint-Jean (CDTS): $876,780
This investment will help the CDTS modernize its equipment and infrastructure to support the development and commercialization of innovative products and services.
- Corporation de développement économique de Lac-Saint-Jean-Est (CDELSJE): $840,000
This funding will support the creation of a regional innovation centre that will provide businesses with access to advanced technology and expertise.
- Parc technologique d’Alma (PTA): $519,180
This investment will allow the PTA to develop and market a new advanced manufacturing hub that will attract new businesses and create jobs.
“These projects will have a significant impact on the economic development of Saguenay–Lac-Saint-Jean,” said Minister St-Onge. “They will stimulate innovation, increase productivity, and create good jobs for the people of this region.”
“Our government is committed to supporting businesses and organizations that are working to grow and diversify the economy of Saguenay–Lac-Saint-Jean,” added Richard Hébert, Member of Parliament for Lac-Saint-Jean. “These projects will help to create a more prosperous future for the people of this region.”
The REGI program supports projects that promote economic growth through innovation. The program is designed to help businesses and organizations develop and commercialize new products, processes, and services.
Backgrounder: Government of Canada supports four Saguenay–Lac-Saint-Jean organizations to grow and diversify regional economy
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