Mr. Speaker, on June 17, on behalf of the Secretary of State responsible for Canada Economic Development for the Regions of Quebec and Liberal member for Beauce, I announced the awarding of a contribution of over $4.5 million to COREM, a consortium of applied research for the treatment and transformation of mineral substances.
This project will create some 15 to 20 high-skilled jobs. Canada Economic Development's mandate is to promote the economic development of the regions of Quebec. To that end, it focuses on two main areas of activity: enterprise development and improving the environment for economic development of the regions of Quebec.
The project will have an impact on the profitability of the entire Quebec mining industry. As well, it will benefit resource regions, more specifically in Abitibi--Témiscamingue, the lower north shore, James Bay and Nunavik.