Government backs CLT business
CANADIAN FIRM CLT Outaouais has been granted Government funding to improve its facilities and acquire equipment for the manufacture of wood products for the residential and commercial building market. It received a $374,000 repayable financial contribution through CED’s Quebec Economic Development Program.
“The investment will enable CLT Outaouais to produce Cross Laminated Timber (CLT) panels,” said Jacques Gourde, Member of Parliament for Lotbinière-Chutes-de-la-Chaudière and Parliamentary Secretary to the Prime Minister, for Official Languages and for the Economic Development Agency of Canada for the Regions of Quebec.
“This manufacturing firm offers a competitive alternative and complementary option to structural building solutions like steel and cement.
“As well as helping the company become more competitive, this project should ensure the maintenance of existing jobs in other enterprises in the region while creating some 20 direct jobs in the Regional County Municipality (RCM) of Papineau.
“By supporting the start-up of CLT Outaouais, our Government is recognizing once again the fundamental role that businesses play in bringing about economic growth and job creation.”