Friday 12 October 2012

Sysgaz Inc. Receives Financial Support from Government of Canada


Denis Lebel, Minister of Transport, Infrastructure and Communities and Minister of the Economic Development Agency of Canada for the Regions of Quebec, announced that the firm Sysgaz Inc. has been granted financial assistance.

The Government grant has been granted in the form of a $174,690 repayable contribution through Canada Economic Development’s temporary Initiative for The Strengthening of Quebec’s Forest Economies (TISQFE).

In 2009, Sysgaz Inc was founded. The firm produces biofuel derived from organic residual materials. The firm specializes in the management of biogas energy conversion projects and the supply of integrated biofuel production systems for high energy-consuming companies in Quebec.

The firm will use the government grant to evaluate the quantity of reclaimable biogas from the Dolbeau-Mistassini landfill that could be converted into biofuel.

“By lending financial support to Sysgaz, the Government of Canada is demonstrating its firm commitment to promoting economic growth center, in particular, on innovation,” said Minister Lebel.

It will be leading to the development of a new renewable energy industry in the Maria-Chapdelaine Regional County Municipality and the potential for diversifying and strengthen the local economy.

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