Mr. Speaker, last week, Fonorola from Montreal invested $100 million in optical fibre equipment to proceed with its 12,000 kilometre telecommunications network project.
With this investment, 150 new jobs will be created at Fonorola in Montreal. This type of investment is the result of the confidence shown by our industries in Canadian society. I hope that this has a snowball effect and convinces other companies to take an active part in the economic recovery.
I am pleased to acknowledge the important contribution by the chairman of Fonorola, Jan Peeters, who lives in Bolton-Est in my beautiful riding of Brome—Missisquoi. I would like to congratulate him for his dynamism and for his great efforts to implement by 1998 a system that will link the whole of Canada from sea to sea.
He is a fine example of the people we have in Brome—Missisquoi.