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Government to begin construction on new warships despite not knowing the final cost or design
The project has already faced significant increases in cost from the original estimated price tag of $26 billion
Reflex Photonics will be able to pursue its growth
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.
Quotes
“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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June 18, 2019 | Local, Aerospace
VISION 2025: BEYOND OUR IMAGINATION
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November 15, 2018 | Local, Land
Saudi Arabia and the Canadian Arms Lobby
by Yves Engler Will they cancel the contract or won't they? In order to understand Ottawa's decision making process regarding General Dynamics' massive arms deal with Saudi Arabia one must look closely at industry lobbyists. While the Trudeau government is under substantial public pressure to rescind the $15 billion Light Armored Vehicle sale, to do so would challenge the company and the broader corporate lobby. Last week a senior analyst with the GD-financed Canadian Global Affairs Institute boldly defended the LAV sale. "There has been no behavior by the Saudis to warrant canceling this contract", said David Perry to the London Free Press. Perry must have missed the Kingdom's violence in Yemen, repression in eastern Saudi Arabia and consulate murder in Istanbul. Two weeks ago Perry told another interviewer that any move to reverse the LAV sale would have dire consequences. "There would be geopolitical implications. There would be a huge number of economic implications, both immediately and in the wider economy... canceling this, I think, would be a big step because as far as I understand the way that we look at arms exports, it would effectively mean that we've changed the rules of the game." Amidst an earlier wave of criticism towards GD's LAV sale, the Canadian Global Affairs Institute published a paper titled "Canada and Saudi Arabia: A Deeply Flawed but Necessary Partnership" that defended the $15-billion deal. At the time of its 2016 publication at least four of the institute's "fellows" wrote columns justifying the sale, including an opinion piece by Perry published in the Globe and Mail Report on Business that was headlined "Without foreign sales, Canada's defense industry would not survive." Probably Canada's most prominent foreign policy think tank, Canadian Global Affairs Institute is a recipient of GD's "generous" donations. Both GD Land Systems and GD Mission Systems are listed among its "supporters" in recent annual reports, but the exact sum they've given the institute isn't public. The Conference of Defence Associations Institute also openly supports GD's LAV sale. Representatives of the Ottawa-based lobby/think tank have writtencommentaries justifying the LAV sale and a 2016 analysis concluded that "our own Canadian national interests, economic and strategic, dictate that maintaining profitable political and trade relations with ‘friendly' countries like Saudi Arabia, including arms sales, is the most rational option in a world of unpleasant choices." Of course, the Conference of Defence Associations Institute also received GD money and its advisory board includes GD Canada's senior director of strategy and government relations Kelly Williams. Full article: https://original.antiwar.com/yves_engler/2018/11/13/saudi-arabia-and-the-canadian-arms-lobby/