Mr. Speaker, on Friday the Secretary of State for the Economic Development Agency of Canada announced a major financial contribution of nearly $3 million for Alumiform, a small business in Chicoutimi that specializes in aluminum processing.
Alumiform hopes to use this money to tap into a future of great opportunities in foreign markets, especially the American and European markets.
The Canadian government's participation in this project is important, given the major impact it will have on the local economy. The Alumiform project will consolidate the 40 current jobs and create 80 new jobs.
This is another example of how the Canadian government helps in developing the regional economies of our country.