Feds support Quebec fund, local enterprise under CED

The federal government has announced $1.4 million in financial assistance to Les Cuisines Gaspésiennes Ltd and the Fonds d’innovation et de développement économique local de La Matanie (FIDEL) to help the Quebec regional economy remain competitive. Les Cuisines Gaspésiennes of Matane, QC will receive $1.2 million in repayable contributions to upgrade its production capacity through automation and computerization. FIDEL, an industry fund for local entrepreneurs, is getting $200,000 in a non-repayable contribution to be able to conduct a feasibility study for the implementation of a gas pipeline network in Matane’s industrial park. The assistance is made possible through Canada Economic Development for Quebec Regions (CED).