Université de Montréal and Mont-Mégantic Observatory receive
$850,000 in financial assistance
from CED.
NOTRE-DAME-DES-BOIS, QC, Aug. 2, 2024
/CNW/ - Supporting innovation and growth contributes to economic
development in Quebec's regions.
That is why the Honourable Marie‑Claude Bibeau, Minister of
National Revenue, today announced, on behalf of the Honourable
Soraya Martinez Ferrada, Minister of Tourism and Minister
responsible for CED, a two‑year extension of the
agreement between CED, the Université de Montréal and the
Mont‑Mégantic Observatory (OMM) and an additional non-repayable
contribution of $850,000. This
further CED support brings the total contribution amount to
$3,350,000 under this agreement,
which began in 2018. The aim of the agreement is to support
the OMM's operations, enabling it to pursue its scientific
programming and cutting-edge innovation activities in
optics-photonics, and to maintain the Parc national du
Mont‑Mégantic's tourism appeal.
A world-class hub of technological innovation, the OMM has
since 1978 pursued its mission of academic research and
training in advanced astrophysics, while also popularizing
astronomy among the general public. Its telescope, located at the
summit of Mont Mégantic, is a major piece of infrastructure
dedicated to astrophysics research. The OMM also brings together
experimental astrophysics laboratories located on the campuses of
the Université de Montréal and Université Laval.
CED's financial assistance will make it possible to support
technological and scientific development projects, as well as
maintain the Observatory's facilities.
The Government of Canada recognizes and supports
businesses and organizations that are a source of pride in their
communities. Quebec's economic
growth relies on organizations with strong roots in the regional
economy; they are key assets in building a sustainable,
inclusive economy.
Quotes
"The Mont-Mégantic Observatory is a leader in scientific
innovation. It plays a fundamental role in the region and
for Quebec, and this continuing partnership will enable it to
pursue its research work and contribute to our region's economic
and tourism vitality."
The Honourable Marie-Claude Bibeau, Minister of National
Revenue
"Our government is committed to boosting innovation and economic
development in our regions. That is why we are proud to support the
Mont‑Mégantic Observatory, whose scientific activities are making
it possible to not only showcase the Estrie region, but also
attract more visitors of all ages. In addition, this important
investment will strengthen Canada's role as a global leader in
scientific research."
The Honourable Soraya Martinez Ferrada,
Minister of Tourism and
Minister responsible for CED
"Exploring the universe is as fascinating for the general public
as it is for scientists. The fact that the Mont-Mégantic
Observatory gives us access to the stars from right here in
Quebec and eastern Canada is sufficient reason to support its
activities. But the Observatory is much more than this: The
research work conducted there enables us to participate in major
projects, such as the James Webb Telescope. That is why it is
so important to maintain its funding."
Daniel Jutras, Rector,
Université de Montréal
"I am pleased with the assistance announced today and thank the
Minister for her support. This funding will enable astrophysics
scientists from the Université de Montréal and across
Canada to pursue their work and
stay at the cutting-edge in their field. The Observatory will
thus be able to continue with its mission to train the next
generation of astronomy experts, not to mention its commitment to
the public by continuing to popularize this most
fascinating science."
René Doyon, Professor at the Université de Montréal and
Director of the Mont-Mégantic Observatory
Quick facts
- The funds have been granted under CED's Regional Economic
Growth through Innovation program. This program targets
entrepreneurs leveraging innovation to grow their businesses and
enhance their competitiveness, as well as regional economic
stakeholders helping to create an entrepreneurial environment
conducive to innovation and growth for all, across
all regions.
- In Quebec, SMEs account for 99.7% of the province's
businesses and 50% of its GDP.
- CED is the key federal partner in Quebec's regional economic development. With
its 12 regional business offices, CED accompanies businesses,
supporting organizations and all regions across Quebec into tomorrow's economy.
Associated links
- Université de Montréal
- Mont-Mégantic Observatory
- CED funding initiatives and programs
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SOURCE Canada Economic Development for Quebec Regions