Mr. Speaker, for too many years, the east end of Montreal has been associated with factory closings and unemployment. As of today, this unfortunate perception will change and there is new hope for the east end of Montreal.
At a press conference this morning, the Minister of Human Resources Development announced a $8.1 million subsidy to Iris Inc., a sock manufacturer. This financial assistance comes out of
the 30 per cent of the transitional job fund which has been earmarked for Quebec.
Thanks to this partnership between the Government of Canada, the municipality of Ville d'Anjou and the private sector, an expansion plan worth an estimated $63.7 million will create more than 3,000 permanent full time jobs in the east end of Montreal over the next three years.