A news release from the federal government says the funding from both levels of government will help create 280 jobs in the region.
Prime Minister Justin Trudeau speaks to the media following a tour at IBM in Bromont , Que., Friday, April 26, 2024. The federal government is announcing an investment of nearly $60 million in semiconductors, a technology omnipresent in electronic devices, also used to develop artificial intelligence. THE CANADIAN PRESS/Christinne Muschi.announced that Ottawa will invest $59.9 million to help fund IBM Canada ’s semiconductor packaging facility in the town about 70 kilometres southeast of Montreal.
Provincial Economy Minister Pierre Fitzgibbon told the news conference that within the funding envelope is a $32-million “forgivable” loan for new equipment to package semiconductor circuitry, but he didn’t give details about the loan conditions. Another $7-million loan, he said, will help automate a packaging assembly line for switches destined “for the entire telecommunications industry.
Justin Trudeau Quebec Jobs Semiconductor Canada Economy
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Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
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Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
Lire la suite »
Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
Lire la suite »
Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
Lire la suite »
Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
Lire la suite »
Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, Que., 280 jobsBROMONT, Que. — The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which...
Lire la suite »