Mr. Speaker, while separatists continue to scare away investors and to weaken Montreal by fuelling divisions among Quebecers, our government is taking concrete measures to help Montreal.
This morning, the federal Minister of Industry and his colleague, the Minister of Intergovernmental Affairs and member for Saint-Laurent-Cartierville, announced a $32 million investment by the Canadian government.
This repayable contribution will help CAE Electronics Ltd, a world leader in flight simulators, develop its VISTEC project, a name that stands for visual technologies. The VISTEC project should lead to the manufacturing of ultramodern image generation and display devices.
This commercial investment by the Canadian government in the development of a promising technology will result in the creation of 200 jobs over five years at the Montreal plant. This is another concrete example of federal development assistance for Montreal.