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Ottawa invests $ 2.5 million in five companies that innovate for mines

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Ottawa invests $ 2.5 million:

Economic Development Canada (DEC) announces a financial support of $ 2.5 million for five companies in the Vallée-de-L’or connected to the mining industry.

Carlos Leitao, parliamentary secretary at the Ministry of Industry, made the announcement on Monday morning in Val-d’Or.

The five companies that receive financial support from Ottawa – Ottawa invests $ 2.5 million

Business Amount
ASDR Canada 572 000 $
Arkys 655 000 $
Hydro-Tech Mining 162 000 $
MARCOTTE machining 208 000 $
Techni-Lab S.G.B. 850 000 $

Source: Government of Canada

These are ottawa invests $ 2.5 million the cutting edge of technology. In addition, our government wants to promote the innovation process in the Canadian economy, said Leitão. Furthermore, It applies to all industries, including mines, even if it is often wrong that it is an old industry.

Carlos Leitão maintains that Abitibi can play an important role in the Canadian strategy focused on the development. Consequently, of its natural resources.

It has always been a huge asset for Canada, he recalls. For example, In order for this model to continue. Moreover, prosperous, it takes an effective and innovative natural resources production, to be able to penetrate the global markets. Our resources have been exploited for a long time to send them to the United States. There is now a global perspective. This is interesting, because the region has always been a leader to work with partners elsewhere on the planet.

Five companies in La Vallée-de-l'or share financial assistance of $ 2.5 million. ottawa invests $ 2.5 million

Five companies in La Vallée-de-l’or share financial assistance of $ 2.5 million.

Photo : Radio-Canada / MARC-ANDRE LANDRY

Among the projects supported. that of Arkys, baptized Neuro-Mines, will allow mining companies to better manage all the data at their disposal.

All available data is often not connected to each other, explains Éric Beauchesne, CEO at Arkys. Our platform makes it possible to centralize information. create a ottawa invests $ 2.5 million standard that makes everything understandable by humans, but also by artificial intelligence. It makes the whole process much faster for mines, which do not always have major teams to do this job.

Mr. Beauchesne adds that the support of governments is essential for the development of such projects.

Innovation involves a lot of risks, work and efforts. DEC helps us financially, but also to marketing. It’s a boost we neededhe argues.

Further reading: About 40,000 households are deprived of current in QuebecFord warns that ACEUM will not protect Trump CanadaGranbyans must limit their water consumptionCamelot project: two suspects accused in 2023 for cocaine trafficking, arrested in Chile and OntarioTwo police officers struck by a vehicle in Ottawa.

paisley.monroe
paisley.monroe
Paisley’s Nashville culture beat melds thrift-store fashion hauls with deep dives into songwriting royalties.
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