Mr. Speaker, the Université de Sherbrooke and Bishop's University are having an increasing impact on Sherbrooke's economic and social development. Last Monday, the official launch of Alliance Novare was attended by members of the chamber of commerce.
This project bridges the gap between research and industry. Novare Capital will buy shares in companies in this sector, and the resulting profits will fund university research. We are witnessing the birth of a real mechanism to confirm our region's reputation as an academic centre.
We are blessed with entrepreneurs and a dynamic region, top level researchers and a quality research infrastructure and, as Mr. Racine mentioned, the stars are aligned for a successful future.
Congratulations to all the visionaries who contributed to the birth of this project: Bruno-Marie Béchard, President of the Université de Sherbrooke; Jean Nicholas, former Vice-president of Research, Janyne Hodder, Principal of Bishop's University, and Serge Racine, businessman. I thank them all.