Tuesday 2 April 2013

Government of Canada invests in British Columbia’s Norsat International Inc.

Richmond, British Columbia
April 2, 2013

The Honourable Kerry-Lynne Findlay, Q.C., Associate Minister of National Defence and Member of Parliament for Delta-Richmond East, announced that the firm British Columbia’s Norsat Inc. will be granted financial assistance.
British Columbia’s Norsat Inc. is a major provider of broadband communications products for data transmission in remote and austere environments.
 “Job creation and economic growth remain our government’s top priorities, and we recognize that the manufacturing industry is more important than ever to our region’s long-term prosperity,” said Minister Findlay.
Norsat Inc. will be receiving financial assistance from the Government of Canada in the form of a $13.3 million repayable contribution.
“This repayable contribution will allow Norsat to broaden its research capacity and maintain its leadership position in the industry while fostering collaboration with university researchers.”
Canadian Grants Business Center provides small and medium businesses with government grants, loans, subsidies and financial assistance. For more information, visit our website; http://www.canadiangrantsbusinesscenter.com/ .

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