Mr. Speaker, the firm CAE in Ville-Saint-Laurent has just announced it will expand its facilities. The project, estimated at some $8 million, will enable the firm to provide an additional 500 jobs over the next two years.
This major expansion of the Montreal plant is due, among other reasons, to the international reputation of its flight simulators. The news comes at a perfect time to reward the efforts of all the employees of this firm, which celebrates its 50th anniversary this year.
This company, with its head office in Toronto, provides work for more than 6,200 people in Canada, including 4,000 in the Montreal area. With a full order book, quality products and highly trained employees, CAE is proving once again the importance and the cost effectiveness of investing in research and development in Canada.