January 23, 2019 | Local, Aerospace, Naval, Land, C4ISR, Security
The Government of Canada will award up to $500,000 to innovative Quebec start-ups
January 23, 2019 – Montréal, Quebec – Canada Economic Development for Quebec Regions (CED)
The audacity and ingenuity of young innovative entrepreneurs is key in propelling Quebec into the economy of tomorrow.
It is for this reason that the Government of Canada is launching a new initiative today aimed at helping these young entrepreneurs realize their business projects: the CED Fast Forward Challenge. The Challenge will allow dynamic young entrepreneurs to seize opportunities presented by ever-changing economic and technological conditions.
The Challenge is being launched today by the Honourable Marc Garneau, Minister of Transport and Member of Parliament for Notre-Dame-de-Gr'ce—Westmount, who is extending an invitation to young people across Quebec who have entrepreneurial flair and who work in the high-tech sector to submit their business plans to Canada Economic Development for Quebec Regions (CED) between February 8 and April 1, 2019.
In May 2019, 20 finalists will be invited to present the most promising projects to a panel of experts. The 10 businesses with the best projects will each receive a $50,000 award to carry out their business projects.
Details regarding the Challenge can be found at canada.ca/ced-fast-forward-challenge.
“Talent, particularly entrepreneurial talent, is a great resource. We aim to foster the emergence of new businesses by investing directly in the development of Quebecers' talent and skills. Through this initiative, our government will help young people from across Quebec launch their businesses and make their projects a reality.”
The Honourable Marc Garneau, Member of Parliament for Notre-Dame-de-Gr'ce—Westmount and Minister of Transport
“Initiatives such as the CED Fast Forward Challenge give innovative businesses the boost they need to carry out their projects. Through its Federal Strategy on Innovation and Growth for the Quebec Regions, the Government of Canada has adopted an ambitious approach aimed at stimulating innovation and growth for everyone. It represents a firm commitment to contribute to the development of a culture of innovation and, ultimately, the creation of more quality jobs for Quebecers.”
The Honourable Navdeep Bains, Minister responsible for CED
Today's announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies.
The CED Fast Forward Challenge is an initiative that stems from the Federal Strategy on Innovation and Growth for the Quebec Regions. Spearheaded by CED, and involving the participation of other federal departments, the Strategy targets 4 priorities and 14 areas of intervention aimed at fostering the adoption and development of innovative practices and ensuring the inclusive growth of all the Quebec regions.
The funding was provided under CED's Regional Economic Growth through Innovation (REGI) program. For more information about CED and its priorities, refer to the 2018–2019 Departmental Plan or visit www.ced-dec.gc.ca.
For 50 years now, the Government of Canada has been actively involved in regional economic development in Quebec: half a century of concrete action targeting the growth of Quebec's regions and businesses.
February 24, 2021 | Local, Aerospace, Naval, Land, Security
Defence industry representatives say they are expecting in the next several days the federal government will issue a request for bids for new pistols for the Canadian military. The new handguns will replace the Second World War-era Browning
November 4, 2020 | Local, Aerospace, Naval, Land, C4ISR, Security
AAA CANADA WILL PRESERVE MORE THAN 250 TEMPORARY JOBS IN QUEBEC THANKS TO THE SUB-ASSEMBLY OF CAE AIR1 MECHANICAL VENTILATORS MONTREAL, Nov. 3, 2020 /CNW Telbec/ - A few months ago, the Canadian government awarded CAE, a world leader in civil aviation, defence and security, and healthcare training, an order for 10,000 units of CAE Air1, its new model of mechanical ventilator designed to save lives in hospitals across the country. AAA Canada, a leading manufacturer in industrialization and production, has been mandated by CAE to carry out certain sub-assemblies of this very important device. During these difficult times caused by the COVID-19 pandemic, this partnership is indeed, very promising. To ensure the fulfillment of this major mandate, AAA Canada has invested more than $450,000 in infrastructure required for the development of sub-assembly lines at affiliate company sites located respectively in Laval and Mirabel. The contract, won by AAA Canada, allows it not only to recall a large number of its workers whom were temporarily laid off following the crisis that affected the aerospace industry as a whole, but also to proceed with the creation of several temporary positions. An invaluable mandate at a time when the economy is faltering, and businesses are running out of steam. "The health crisis has stifled the Quebec and Canadian economy. The production of the CAE Air1 gave it an unexpected second wind. Thanks to the government's unwavering support, CAE's ingenuity and the great responsiveness and flexibility of our workers, we will be able to maintain and create nearly 250 temporary jobs, while helping to save lives. We are very grateful to CAE for this wonderful opportunity and I am extremely proud to witness, once again, AAA Canada's great determination to dare and innovate," said Avit Lévesque, General Manager of AAA Canada. "This is a substantial subsidy as it is equal to the threat this second wave presents to the public health and to the overcrowding of hospitals nationwide. We are proud to have AAA Canada among the Canadian suppliers involved in this collective effort to fight COVID-19. We thank them for their excellent support, expertise and agility," added Stéphane Roche, Vice President Global Procurement Sourcing and Real Estate at CAE. About AAA Canada (www.aaa-canada.ca/home) AAA Canada, an affiliate of DRAKKAR Aerospace & Ground Transportation, is a specialized subcontracting and technical assistance services company related to industrialization and production processes, operating in the aerospace, ground transportation, energy and now health sectors. AAA Canada has a team of passionate workers and draws its strength from the AAA European Group located in the 4 corners of the globe. Supported by AAA Group's international expertise, we provide a proven intervention method to deliver a high-quality finished product to our customers. Our approach to productivity, timeliness, quality and efficiency gives us a place of choice within our clients' facilities and operations. About CAE (www.cae.com) CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. Testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with approximately 10,000 employees, 160 sites and training locations in over 35 countries. www.cae.com SOURCE AAA Canada For further information: Contact Person: AAA Canada, Rosalie Côté, Senior Director - Communication & Marketing, rosalie.cote@drakkar.com, 514-806-0798 https://www.newswire.ca/news-releases/a-second-wind-for-the-quebec-and-canadian-economy-885079492.html
August 10, 2024 | Local, Other Defence
News release 45-day consultation on economic security open until September 23 August 9, 2024 - Ottawa, Ontario - Global Affairs Canada Supply chain disruptions, rising protectionism and unfair trade practices can undermine Canada’s access to international trade markets, compromise our supply chains and harm our national security. They can also hurt Canadian competitiveness, jobs and economic prosperity. Canada is continuously looking to promote resiliency and a level playing field while ensuring its economy remains competitive and secure. Today, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, announced the launch of public consultations on potential new measures to advance and defend Canada’s economic security interests. The consultations, which will be held over 45 days from August 9, 2024 to September 23, 2024, will help assess whether Canada has the best tools to promote economic prosperity and resilience. As a trading nation, Canada’s prosperity relies on a system of rules and institutions that provides predictability and stability for international trade and investment. Canada remains firmly committed to supporting an open, fair and inclusive rules-based international trade system. To participate in these consultations, please read the privacy notice statement and send your written submission to the email address indicated on the consultations web page before September 23, 2024. Canada also launched on July 2, 2024, consultations on potential policy responses to unfair Chinese trade practices in electric vehicles (EV). This was a separate consultation led by the Department of Finance Canada. The consultations closed on August 1, 2024. Quotes “We are engaging with Canadians to ensure that our economy remains strong and secure in the face of policies and practices that can undermine our competitiveness and prosperity. We are seeking Canadians’ views on ways in which we can improve our economic security toolkit to advance Canada’s growth and defend its economic interests.” - Mary Ng, Minister of Export Promotion, International Trade and Economic Development Related products Public consultations on potential new measures to advance and defend Canada’s economic security interests Privacy notice: Public consultations on potential new measures to advance and defend Canada’s economic security interests https://www.canada.ca/en/global-affairs/news/2024/08/launch-of-public-consultations-on-potential-new-measures-to-advance-and-defend-canadas-economic-security-interests.html