Mr. Speaker, I am very pleased to have this opportunity to speak today in connection with the bill on the Economic Development Agency of Canada for the Regions of Quebec.
Our government has set itself the objective of ensuring the success of Canadians in each and every region of our country. Its intention is to support our fellow citizens, as far as is possible, in the realization of their aspirations for prosperity and an enhanced quality of life.
This is the context within which the Economic Development Agency of Canada fulfills its mandate to promote the economic development of the regions of Quebec. To that end, it pays particular attention to all the regions of Quebec, especially those with a slower growth rate and insufficient jobs for the size of their population.
In my capacity as a member of Parliament, I have had the opportunity to see for myself the work done by the agency to ensure the regional economic development of Quebec and improve its residents' quality of life. The agency has, for instance, made the financial commitment to provide over $1.02 billion for 2,116 projects during 2003-04. When investments from other funding bodies are factored in, the total value of these projects represents an injection of over $3.9 billion into the economy of the various regions of Quebec.
What is more, these projects have contributed to the creation, conversion or maintenance of close to 13,700 jobs in all of the regions of Quebec, regions such as Chaudière-Appalaches, where $60,000 from Economic Development Canada has enabled Soliroc Metal to enhance its productivity. With this financial assistance, the company was able to acquire more efficient equipment, and as a result to raise its productivity by 60%.
This is one example of the kind of projects Canada Economic Development has supported, which have highly positive economic spinoffs for the competitive position of a company, thereby enabling it not only to continue to grow, but also to play a vital role within its community.
In the region of Quebec, the National Optics Institute received a $3.6 million contribution from Canada Economic Development to implement an agro-photonic research program. The purpose of this research campaign is to bring together two major industries in the region, namely agro-processing and optical photonics technologies.
Canada Economic Development wanted to support this regional initiative because it has consolidated the institute's leading position in the industry and paved the way for various economic development projects in many regions of Quebec.
In the Lower St. Lawrence, the marine biotechnology research centre was set up with a contribution of $7.6 million from Canada Economic Development. To carry out its work, the centre plans to create 24 direct jobs and 75 spin-off jobs. In addition, the centre's activities will bring top researchers to the region to set up new companies.
I should add that these research facilities are a priority to the people of the Lower St. Lawrence. This is why Canada Economic Development wanted to be involved in carrying out this project as part of its commitment to support initiatives that best respond to the needs of the public and that target the strength of the region. These projects contribute to solidifying the economic development opportunities in the regions that welcome them and other regions in Quebec.
These examples show what Canada Economic Development does. They also show that the agency attaches a high level of importance to the promotion of innovation throughout Quebec. This priority stems from our government's commitment to building the robust and innovative economy that we all want for our country in the 21st century.
The projects I mentioned illustrate Canada Economic Development's goal to strengthen the niches of excellence specific to each region of Quebec.
In all, in 2003-04, the agency invested $54.6 million in 739 innovative projects in Quebec. These investments have led to the creation, transformation or maintenance of 4,796 jobs. Furthermore, even the promoters have said that without the financial support of Canada Economic Development, 55% of the projects would never have materialized.
In order to foster a culture of innovation in the regions of Quebec, Economic Development Canada and Agriculture and Agri-Food Canada contributed $3.6 million to the Université du Québec en Abitibi-Témiscamingue in order to take part in an important research project aimed at developing a new beef product that meets consumers’ more demanding requirements.
Once again, I would like to say that this project came about through an initiative of regional cattle producers and researchers. Besides creating 34 jobs, this initiative should translate into a 15% to 20% increase in profits for the industry. As I pointed out earlier, the Economic Development Agency of Canada for the Regions of Quebec also supports communities in their efforts to focus on their strengths and take charge of their development.
The agency's goal is to promote public interest initiatives that could have a significant impact at the regional level as well as generate a ripple effect on regional economic activity. The agency works with a network of partners that includes 57 community futures development corporations, 15 community economic development corporations and 9 business development centres.
For the 2002-03 fiscal year, the various projects that received loans from community futures development corporations generated $135 million in regional investments. These loans amounted to some $45 million. The nine business development centres were involved in 222 investment projects and 570 technical assistance files.
It is in the context of the partnership between the Economic Development Agency of Canada and Quebec's network of community futures development corporations, that the AFER program, designed to help women entrepreneurs in rural areas, was implemented. This pilot project consisted in establishing a financial assistance fund to stimulate women's entrepreneurship in rural areas. The twelve community futures development corporations participating in this initiative represented the Gaspé, Magdalen Islands, lower St. Lawrence, Abitibi—Témiscamingue, North Shore, Saguenay, Mauricie, Chaudières-Appalaches and Montérégie regions. So far, the AFER program has assisted 93 women entrepreneurs and has contributed to the creation of 31 businesses and 60 jobs in various Quebec regions.
The Fonds AFER Canada is indicative of the Government of Canada's desire to foster greater participation of women in the overall economy of the Quebec regions and in the efforts to diversify the development opportunities in the various communities of Quebec.
As I mentioned a few minutes ago, the Economic Development Agency of Canada is active in all Quebec regions.
For example, the agency promoted the Entreprises rurales Nord-du-Québec initiative. In this project, Economic Development Canada gives $50,000 annually to the Chapais-Chibougamau, Matagami and Eeyou Economic Group CFDCs to help them sustain activities that they could not have financed within their mandate.
The CFDCs were able to support eight new business projects only in the last six months or so and, thanks to this funding, many local business people will be able to enlarge their market share and increase their revenues. In other words, they will create wealth in their region and their fellow citizens will benefit.
I would like to remind the members of the House that the Economic Development Agency of Canada for the Regions of Quebec also helps Quebec's municipalities renew their infrastructure.
The purpose of this part of the agency's mandate is to help Quebec's communities to maintain their capacity to attract businesses, and to improve their citizens' quality of life.
Through the Canada-Quebec Infrastructure Works program, which entrusted to Economic Development Canada the management of the projects, the Government of Canada contributed a total amount of $463 million to the realization of 867 projects, from the beginning of the program in 2000 to March 31, 2004.
Thanks to all those different projects, 484,408 Canadian families have already had or will have access to municipal waterworks providing better quality drinking water.
Also, almost 5,950 families will be hooked up to a proper municipal sewer and wastewater treatment system. And 260 communities will benefit from the construction or improvement of sports or cultural facilities.
During the last few years, the Canadian government has often stated its commitment to build a strong Canadian economy for the 21st century, an economy that creates quality jobs and equal opportunities for all individuals and regions in Canada.
The Economic Development Agency of Canadafor the Regions of Quebec accepts fully this goal, as the bill before us shows. The agency also plays an active role in the implementation of the broad economic priorities of the government in the whole province of Quebec, and its many good results speak for it.