Mr. Speaker, Mirabel's Bell Hélicoptère Textron has just announced a project to invest over $400 million. Recognizing the value and the great potential of this project, the governments of Canada and of Quebec have promised to make a repayable contribution of $13.4 million, in addition to providing tax credits of close to $2.8 million.
Thanks to the development of this new product, Bell Hélicoptère was able to create 250 new high level jobs, in addition to ensuring the continuation of 260 existing jobs.
This major investment shows once again that greater Montreal is truly the aerospace hub of Canada.