The Government of Canada awards $500,000 in funding to this highly innovative Greater Montréal business
May 21, 2019 – Kirkland, Quebec – Canada Economic Development for Quebec Regions (CED) Reflex Photonics is a leader in the design, manufacturing and marketing of electronic optics and photonic products for the defence, aerospace and telecom sectors, and for data centres. It supplies rugged embedded transceivers for interconnection in harsh environments. This highly innovative company has posted impressive growth in recent years; in 2018, it invested over $2 million in research and development.
To help it maintain its momentum, the company has been awarded a $500,000 repayable contribution from Canada Economic Development for Quebec Regions. This financial assistance will allow Reflex Photonics to acquire specialized state-of-the-art equipment, including an error rate tester and analysis software, as well as process automation equipment.
The funding was announced today by the Member of Parliament for Lac-Saint-Louis, Francis Scarpaleggia. Specifically, this Government of Canada assistance will allow Reflex Photonics Inc. to meet the growing demand of prime contractors, increase its production and ensure better quality control of its products. With a total investment of almost $2 million, this project will also result in the creation of high-value jobs that will help increase economic opportunities for the middle class.
The Government of Canada is committed to supporting innovative Canadian businesses. A driving force of the economy, innovation is the key to success because it generates growth that benefits both businesses and communities. This is why we are committed to ensuring that businesses are able to rely on adequate resources to create and market innovative products.
“Support for high-tech companies helps strengthen the Canadian economy, maintain our international competitiveness and generate wealth. High-performing and forward-looking, Reflex Photonics unquestionably contributes to the economic growth of both Montréal and Canada as a whole, and creates jobs for the middle class.”
Francis Scarpaleggia, Member of Parliament for Lac-Saint-Louis
“Our government gives Canadians the means to become more competitive and to thrive in the global economy. The funding announced today for Reflex Photonics is in line with Canada's competitive advantages generated through this company's expansion project, and will boost economic growth.”
The Honourable Navdeep Bains, Minister responsible for CED
“We are privileged to have loyal, passionate and dedicated employees that have contributed immensely to the success of Reflex in the recent years. Certainly, our strategic partners, both clients and suppliers have also been a source of continuous motivation to develop new products and technology with high added value. I am also very honoured to lead Reflex, which is now recognized internationally as a leader in its industry. The investments from our financial partners, as well as the expansion of our head office, allow the company to continue its growth while adapting to the needs of the markets that we service.”
Noël Dubé, President and CEO, Reflex Photonics Inc.
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GATINEAU, QC, Aug. 15, 2019 /CNW/ - Through the National Shipbuilding Strategy, the Government of Canada is revitalizing a world-class marine industry in order to provide the women and men of the Royal Canadian Navy with the safe and effective warships they require to protect Canadian sovereignty. The government is investing more than $7.5 billion in the Royal Canadian Navy's 12 Halifax-class frigates to provide necessary ongoing maintenance until they are retired in the early 2040s. Today, the Government of Canada awarded a $500-million contract to Irving Shipbuilding Inc., of Halifax, Nova Scotia, to carry out maintenance work on the Halifax-class frigates. This initial five-year contract guarantees a minimum of three frigates for the shipyard, with work planned to begin in the early 2020s. The contract is expected to rise in value as additional work packages are added. This contract is expected to result in up to 400 jobs at the shipyard, plus hundreds of related jobs for marine sector suppliers and subcontractors across the country. On July 16, 2016, the Government of Canada awarded similar contracts to Seaspan's Victoria Shipyards Limited in Victoria, British Columbia, and Chantier Davie in Lévis, Quebec. The Canadian Surface Combatants will replace the Halifax-class frigates and the retired Iroquois-class destroyers. With them, the Royal Canadian Navy will have modern and capable ships to monitor and defend Canada's waters, to continue to contribute to international naval operations for decades to come and to rapidly deploy credible naval forces worldwide, on short notice. Construction on the Canadian Surface Combatants is scheduled to begin at Irving in the early 2020s. Quotes "The National Shipbuilding Strategy continues to support the women and men of the Royal Canadian Navy by providing them with safe, reliable ships to carry out their important work on behalf of Canada. This contract is another example of how the Strategy is helping to maintain our existing fleet, while supporting economic opportunities for the Canadian marine sector across the country." The Honourable Carla Qualtrough Minister of Public Services and Procurement and Accessibility "This announcement is essential for supporting the modernization of the Royal Canadian Navy. With our government's continued investment, our navy will continue to contribute to maritime security and stability around the world. This is a testament to how our defence policy, Strong, Secure, Engaged, continues Canada's re‑engagement in the world. I am proud of our sailors and the great work they do." The Honourable Harjit S. Sajjan Minister of National Defence Quick facts Docking maintenance work periods are essential to ensure the Halifax-class frigates are available and reliable during their operational cycle and deployments. Of the current fleet of Halifax-class frigates, 7 have their home port in Halifax, Nova Scotia, while the 5 others are based in Esquimalt, British Columbia. The Royal Canadian Navy requires that at least 8 of the 12 frigates are able to deploy at all times to meet the Navy's commitment to the Government of Canada. The Industrial and Technological Benefits Policy, including the Value Proposition, was applied to this procurement. These frigates monitor and control Canadian waters, defend Canada's sovereignty, facilitate large-scale search and rescue activities, and provide emergency assistance when needed. The frigates operate with and integrate into the United Nations, the North Atlantic Treaty Organization and coalitions of allied states in support of international peace and security operations. Introduced into service in the 1990s, the Canadian-built Halifax-class frigates were recently modernized to remain effective and operationally relevant until the Canadian Surface Combatants enter into service https://www.newswire.ca/news-releases/government-of-canada-awards-third-contract-to-help-maintain-canada-s-fleet-of-combat-vessels-818012638.html