Harper Government Supports Quebec Research and Development

Harper Government Supports Quebec Research and Development 
Promoting Jobs, Growth and Economic Prosperity in Manufacturing 
SAINT-HUBERT, QUEBEC -- (Marketwire) -- 03/28/13 -- , March 28,
2013-While highlighting the Harper Government's support for the
manufacturing sector in Economic Action Plan 2013, the Honourable
Christian Paradis, Minister of Industry, today announced a repayable
contribution of up to $48.9 million to Quebec's Heroux-Devtek Inc.
The contribution, being made through the Strategic Aerospace and
Defence Initiative (SADI), will support a research and development
project to reduce the company's environmental impact and spin off new
technologies. 
"Through collaborative programs such as the Strategic Aerospace and
Defence Initiative, our government is partnering with Canadian
aerospace companies to help them become more innovative and more
competitive," said Minister Paradis. "Our government is committed to
furthering Canada's science and technology advantage, and through
Economic Action Plan 2013 we are providing stable funding to promote
innovation, collaboration and commercialization across the country." 
Economic Action Plan 2013 includes a number of measures to further
help Canada's manufacturers grow, stay competitive and create jobs,
including: 
o  Tax relief for new manufacturing machinery and equipment by
extending the accelerated capital cost allowance for two years,
increasing support for manufacturers by almost $1.4 billion. 
o  Improved support for Canada's aerospace industry by investing
almost $1 billion in SADI to ensure it continues to meet the needs of
the industry. 
o  Support for large-scale technology projects exhibiting strong
commercial potential and promotion of cross-industry collaboration by
creating the Aerospace Technology Demonstration Program with an
investment of $110 million over four years, beginning in 2014-15, and
$55 million each year thereafter. 
This investment will help Heroux-Devtek develop a completely
integrated aerospace landing gear system for both commercial and
military aerospace markets. Research on the project will lead to new
technologies that reduce or eliminate a number of environmentally
harmful processes thus reducing greenhouse gas emissions and
improving Heroux-Devtek's overall environmental footpri
nt. 
Over the past four years, our government has committed $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).
Contacts:
Margaux Stastny
Director of Communications
Office of the Honourable Christian Paradis
Minister of Industry
613-995-9001 
Media Relations
Industry Canada
613-943-2502
 
 
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