The Government of Canada awards $125,000 in financial assistance to this business on Montréal's South Shore
SAINT-BRUNO-DE-MONTARVILLE, QC, April 24, 2019 /CNW Telbec/ - Canada Economic Development for Quebec Regions (CED)
4458664 Canada Inc., operating under the Maximus trademark, is an innovative company in the agricultural technology sector. To ensure its growth, it will receive a repayable contribution of $125,000 from Canada Economic Development for Quebec Regions. With this financial assistance, the company will be able to complete a project that will improve its competitiveness by acquiring leading-edge technologies to support its growth in local and international markets.
The funding was announced today by Michel Picard, Member of Parliament for Montarville. More specifically, the Government of Canada's support will allow Maximus to acquire cutting-edge technological equipment to further automate the production processes of its control system for the livestock sector.
With over 25 years of experience in both IT and agriculture, Maximus is an innovative company that employs 60 people at its facilities on Montréal's South Shore. The centralized control system developed by the SME allows for the automated management of a wide range of animal housing parameters. This product contributes to animal welfare, optimizes production outcomes and improves environmental performance through better use of energy and resources. To provide its customers with 100% integrated management solutions, Maximus has also developed unique software – Maximus Software – that collects all relevant data for production analysis in real time, thereby enhancing decision-making.
The Government of Canada is committed to supporting innovative Canadian businesses. A driving force of the economy, innovation is the key to success because it generates growth that benefits both businesses and communities. This is why we are committed to ensuring that businesses are able to rely on adequate resources to create and market innovative products.
Quotes
"By helping businesses invest in equipment and tools that will enhance their performance, and by encouraging product marketing and market development projects, the Government of Canada is remaining true to its commitments to drive expansion, innovation and exports. I am also delighted to know that these projects will help create 20 high-quality jobs on Montréal's South Shore."
Michel Picard, Member of Parliament for Montarville
"Our government is laying the foundation for Canadians to become more competitive and succeed in the global economy. Today's investment in Maximus is building on Canada's competitive advantages by improving the company's productivity in order to boost economic growth and create good, middle-class jobs for Canadians."
The Honourable Navdeep Bains, Minister responsible for CED
"We are honoured to receive this financial support, which will contribute greatly to optimizing the Maximus control system's production process. This contribution is consistent with our innovation-based mission and the desire to achieve the highest standards of quality and reliability to support our growth in local and international markets."
Nizar Barrou, Co-founder, Maximus
Quick facts
Today's announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies.
The funding was awarded under CED's Quebec Economic Development Program. For more information on CED and its priorities, consult the 2018-2019 Departmental Plan or visit www.dec-ced.gc.ca.
For 50 years now, the Government of Canada has been actively participating in regional economic development in Quebec: half a century of concrete action dedicated to the development of the regions and local businesses.
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SOURCE Canada Economic Development for Quebec Regions
Media Relations, Canada Economic Development for Quebec Regions, Tel.: 514-283-7443, Email: [email protected]
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