Mr. Speaker, I would like to suggest that the House extend its congratulations the Videotron Limited Group and five of its partners who joined forces to develop and establish a multimedia transaction network that will offer consumers direct access to a wide range of services, 24 hours a day, from the comfort of their own homes.
The project is known as UBI, which stands for Universal, Bi-directional and Interactive. The consortium includes the National Bank of Canada, Hydro-Québec, Loto Québec, Canada Post Corporation and Videoway's classified ads services. The consortium will offer a variety of goods and services that are typical of the potential of an electronic information highway.
The services offered by UBI will be transmitted directly to the homes of users via existing cable systems and a multimedia terminal.
The new services, which will be carried by the Videotron cable network, will be made available for the first time in the Saguenay area.
All parliamentarians are aware of the important contribution being made through this project.