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Canada Accelerates Transition to Zero-emissions Vehicles Français
Canada Accelerates Transition to Zero-emissions Vehicles Français

Cision Canada

time5 days ago

  • Business
  • Cision Canada

Canada Accelerates Transition to Zero-emissions Vehicles Français

, Aug. 13, 2025 /CNW/ - Canada is leading the way on the infrastructure, innovation and partnerships required to transition to electric transportation. Today, Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, announced more than $25 million for 33 projects aimed at improving electric vehicle (EV) charging availability, decarbonizing freight transportation and developing innovative technologies for medium- and heavy-duty trucks. This funding from Canada's new government will make zero-emission vehicles more practical for Canadian families and companies, encouraging innovation that will strengthen Canada's auto sector. Natural Resources Canada (NRCan) contributed more than $9.7 million to 23 projects to install more than 850 EV chargers across Canada through the Zero Emission Vehicle Infrastructure Program (ZEVIP). These investments will make it easier for Canadians to access convenient electric vehicle charging stations at their workplaces, in public spaces, along highways and where they live in multi-unit buildings. Additionally, NRCan contributed $8 million for six projects under the Energy Innovation Program (EIP). These projects will drive innovation in the medium- and heavy-duty vehicle sectors, address real-world operational challenges for electric fleets and support the development of Canadian intellectual property. NRCan's Green Freight Program (GFP) contributed the remaining $7.9 million for four projects, which are helping the transportation, construction and public works industry modernize their fleets, lower fuel costs and reduce greenhouse gas emissions. By lowering operating costs and fuel consumption for freight operators, these projects are making Canadian industry more competitive and cleaner at the same time. Quotes "We are taking bold steps to make Canada an energy superpower. Through these projects, we are delivering practical on-the-ground solutions for Quebecers with EVs and partnering with Quebec industry to drive the decarbonization of the transportation sector while strengthening our supply chains and energy independence. Investments like this are how we build a cleaner, more secure and more competitive economy." The Honourable Tim Hodgson Minister of Energy and Natural Resources "With today's announcement, we are accelerating the transition to zero emission vehicles with the installation of more than 850 additional EV chargers across Canada, many of which will be in Quebec, and by empowering breakthrough Canadian technologies that improve electric vehicle performance, safety and reliability in Canada. With Green Freight funding, we are proving that clean transportation is not just for consumers, but also for commercial, industrial and municipal fleets that are transforming the economy across sectors while lowering our emissions." Claude Guay Parliamentary Secretary to the Minister of Energy and Natural Resources Quick Facts On-road transportation accounts for about 18 percent of Canada's total greenhouse gas emissions. The Zero Emission Vehicle Infrastructure Program (ZEVIP) provides funding toward the deployment of electric vehicle (EV) chargers and hydrogen refuelling stations where Canadians live, work, travel and play. Since 2016, the Government of Canada has allocated more than $1 billion in funding to support the deployment of electric vehicle charging stations across the country. Canadian innovation is making our freight sector more efficient and reliable with next-generation EV batteries, vehicle-to-grid charging systems and digital tools to enhance EV charging reliability. The Energy Innovation Program (EIP) advances clean energy technologies that will help Canada maintain a competitive, reliable and affordable energy system while transitioning to a low-carbon economy. The EIP On-road Transportation Decarbonization call for proposals supports research, development and demonstration of advanced technologies for on-road transportation including zero-emission powertrains (battery–electric and hydrogen fuel cell) and innovative infrastructure to support zero-emission vehicle adoption. The Green Freight Program (GFP) projects help four Quebec businesses purchase trucks that run on compressed and renewable natural gas, which is a reliable freight option that reduces greenhouse gas emissions and fuel costs for operators. Follow Natural Resources Canada on LinkedIn.

Mining, Forestry, Reconciliation: Parliamentary Secretary Guay Brings the Conversation to Northern Quebec Français
Mining, Forestry, Reconciliation: Parliamentary Secretary Guay Brings the Conversation to Northern Quebec Français

Cision Canada

time06-08-2025

  • Business
  • Cision Canada

Mining, Forestry, Reconciliation: Parliamentary Secretary Guay Brings the Conversation to Northern Quebec Français

VAL-D'OR, QC, Aug. 6, 2025 /CNW/ - Fostering inclusive economic development and ensuring that local communities, including Indigenous partners, benefit from these opportunities are key priorities for the Government of Canada. Today, Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, concluded a two-day tour of Northern Quebec, where he highlighted the importance of Quebec's mining and forest sectors in building Canada's supply chains and export opportunities, creating good jobs, and strengthening reconciliation. During his trip, Parliamentary Secretary Guay met with the Val-d'Or Chamber of Commerce and various Quebec natural resource industry leaders for a roundtable discussion on opportunities in the mining and forest sectors, with a focus on workforce development, infrastructure, regulatory efficiency and collaboration with Indigenous partners to support sustainable growth in the region. He heard local perspectives on how the region's future should be shaped and underscored the essential role natural resources will continue to play in driving economic growth and resilience across Quebec and beyond. Parliamentary Secretary Guay also visited Sayona's North American Lithium mine and the Val-d'Or Native Friendship Centre. The potential for lithium production at Sayona's operating mine — essential for clean energy technologies —reinforces Quebec's and Canada's position as a global leader in responsible and innovative critical mineral development. While visiting the Val-d'Or Native Friendship Centre, the Parliamentary Secretary joined Minister Gull-Masty and the Executive Director along with the CEO of the National Association of Friendship Centres, Jocelyn Formsma, to discuss Indigenous participation in the region's natural resources industry and ways the Government and industry partners can better support local Indigenous communities. Parliamentary Secretary Guay concluded the trip with a visit to Les Chantiers Chibougamau's Kraft Pulp Mill in Lebel-sur-Quevillon and their head manufacturing plant in Chibougamau. These sites are key examples of Quebec's forest sector excellence and innovation in modernizing the industry, accelerating affordable housing and promoting green construction using value-added Canadian wood-based products. Quebec is rich in the natural resources and expertise needed to retool Canada's economy and ensure it remains strong, sustainable and sovereign. Throughout his tour, Parliamentary Secretary Guay reaffirmed the Government's commitment to building the infrastructure and partnerships that will sustain Canada's leadership in responsible and sustainable natural resource development. Quotes "Together, the Governments of Canada and Quebec are seizing the economic opportunities of building a strong 21st-century economy. Canada is building a future powered by clean energy, responsible development and strong partnerships. Projects like Sayona's lithium hub and Les Chantiers Chibougamau show how federal investments are advancing Indigenous reconciliation and securing the forest products, critical minerals and technologies we need right here in Quebec." The Honourable Tim Hodgson Minister of Energy and Natural Resources "Canada and Quebec are working together to invest in Quebec's world-leading critical minerals and forest sectors. Federal support is driving innovation, advancing reconciliation and strengthening global partnerships through responsible resource development across Quebec." Parliamentary Secretary Claude Guay Parliamentary Secretary to the Minister of Energy and Natural Resources Quick Facts The Canadian Critical Minerals Strategy aims to advance the development of critical minerals and related value chains to drive the transition to a low-carbon economy and support advanced technology and manufacturing. The initiatives presented in the Strategy are being implemented and refined in collaboration with provincial, territorial, Indigenous, industry and other Canadian and international partners. In February 2025, Sayona was conditionally approved for up to $1.3 million under the Critical Minerals Infrastructure Fund (CMIF) to advance an approximately 55-kilometre transmission line that will provide electricity grid connection for their Moblan lithium project located in Eeyou Istchee James Bay, Quebec. Sayona brings together the North American Lithium (NAL) mine located in La Corne in Abitibi-Témiscamingue and the Moblan Project. The North American Lithium mine is an operational asset, supported by technical expertise and skilled workforce in lithium production. Moblan is a world-class lithium development project. With these two major assets, Sayona is well positioned for strong long-term growth and scalability. The federal investment is enabling the building of a reliable, made-in-Canada supply of lithium, an essential material for electric vehicle batteries and clean energy technologies, while creating jobs for Canadians and supporting Canada's clean economy Canada's forest sector provides jobs for nearly 200,000 Canadians, including over 11,000 Indigenous people. In Quebec, the forest sector employs over 58,000 workers and exported $11.3 billion in forest products to global markets in 2024. In 2024, production in the forest sector contributed $21.6 billion (0.9 percent) to Canada's real gross domestic product (GDP). In a global context, Canada continues to maintain a strong forest product trade balance. Canada's forest sector produces many essential everyday products, including lumber for housing and pulp for paper products. Moreover, the sector is constantly innovating to meet the demands of our ever-changing world. This includes: the adoption of new low-carbon technologies; the production of non-traditional building materials for modular and affordable housing; biofuels to meet our energy needs; and biochemicals that can be used to produce pharmaceuticals, biodegradable plastics and personal-care products. In March 2025, les Chantiers Chibougamau Ltée (Chantiers) received $5.5 million in federal and provincial funding through the Green Construction through Wood (GCWood) and Investments in Forest Industry Transformation (IFIT) programs for four projects that will promote green construction in Quebec, including the use of low-carbon Canadian wood to accelerate new building projects. In March 2025, Canada announced a total investment over $13.3 million for 28 projects that will help to boost the competitiveness and resiliency of Quebec's forest sector while growing wood product exports. Associated Links Follow Natural Resources Canada on LinkedIn.

First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant
First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant

Yahoo

time18-07-2025

  • Business
  • Yahoo

First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant

Saguenay, Quebec--(Newsfile Corp. - July 18, 2025) - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") announces that it has finalized an industrial land option agreement with Port of Saguenay (the "Port") located in Saguenay, Quebec, Canada (the "Agreement"). The Agreement marks progress on the memorandum of understanding ("MOU") signed between the Company and the Port on October 12, 2022. Under the Agreement, First Phosphate has the exclusive right to enter into a definitive land lease with the Port by December 31, 2027, subject to various financial and development milestones and prior to anticipated facility construction beginning in 2028. The Agreement covers lands where the Company plans to develop a phosphoric acid plant using advanced clean technology from Prayon SA of Belgium and to be implemented by international engineering firm Ballestra of Italy. These lands offer strategic benefits and a competitive position, including: Direct rail and vessel access to North American and global markets, especially to the company's European offtakers Access to large-scale industrial infrastructure, utilities and expansion lands Eventual vertical integration between upstream phosphoric acid and downstream LFP battery material production The Agreement was signed today in Montreal at the premises of the Wallonia Export & Investment Agency ("AWEX"). In attendance for the signing were: Claude Guay, Member of Parliament for LaSalle-Émard-Verdun, Parliamentary Secretary to the Minister of Energy and Natural Resources, Canada Mario Simard, Member of Parliament for Jonquière, Vice-Chair, Standing Committee on Natural Resources, Canada Andrée Laforest, Deputy, Chicoutimi, Minister of Municipal Affairs and Housing, Government of Quebec François Tremblay, Deputy, Dubuc, Government of Quebec Anne Defourny, Trade/Investment Counsellor, Wallonia Export & Investment Agency Carl Laberge, President and Board Chair, Port Saguenay John Passalacqua, CEO, First Phosphate Corp. David Dufour, Executive Vice-President, First Phosphate Corp. Signing of Agreement between Port Saguenay and First Phosphate, in Montreal, at Wallonia Export & Investment Agency To view an enhanced version of this graphic, please visit: "Our government's ongoing investments in Port Saguenay will enable companies such as First Phosphate to process phosphate into phosphoric acid right here in Saguenay. We continue our efforts to ensure that our infrastructure is up to par for attracting businesses to the port and to our surrounding communities. We remain proactive and positive for our Saguenay-Lac-Saint-Jean region," said Andrée Laforest, Member of Parliament for Chicoutimi, Minister of Municipal Affairs and Minister responsible for the Saguenay-Lac-Saint-Jean region, and François Tremblay, Member of Parliament for Dubuc. "The new Government of Canada supports the development of critical minerals and the infrastructure needed to support them. Phosphate has been included by the federal government in the Canadian list of critical minerals to open doors for phosphate projects across Canada. This agreement demonstrates the economic opportunities these minerals bring to Canada and Quebec in the production and processing of critical minerals. We thank First Phosphate and the Port of Saguenay for their work in pursuing these opportunities. By working together, we will build the strongest economy in the G7," said Claude Guay, Member of Parliament for LaSalle-Émard-Verdun and Parliamentary Secretary to the Minister of Energy and Natural Resources. "I am delighted with today's announcement: this is a major project for both the region and the whole of Quebec. Today, Saguenay-Lac-Saint-Jean is carving out a place for itself in the battery industry, and not just any place. This project is a symbol of sustainable economic development and is in line with our commitment to promoting projects that contribute to the energy transition," said Mario Simard, Member of Parliament for Jonquière and Bloc Québécois spokesperson for Natural Resources. "This agreement with First Phosphate confirms Saguenay's central role in the development of the critical minerals sector in both Quebec and Canada," said Saguenay Mayor Julie Dufour. "With our industrial infrastructure, strategic access to rail and maritime networks, and our strong commitment to welcoming innovative projects, Saguenay is proving its ability to attract major investment. This project aligns with our ambition to establish Saguenay as a key economic hub in northeastern Canada." "This agreement with First Phosphate confirms the strategic advantages and role of the Port of Saguenay as a natural logistics hub in northeastern Canada for the development of the critical minerals sector. It follows major investments and infrastructure projects currently underway in its industrial port zone and is in line with the collaboration agreement recently signed with North Sea Port, a strategic port area in Europe," said Mr. Carl Laberge, President and CEO of Port Saguenay. "This agreement represents a significant step forward for economic diversification and the establishment of a promising industrial sector for Quebec and Canada." To view details on the facilities at Port Saguenay, please see: Signature of Agreement between Port Saguenay and First Phosphate, in Saguenay, at Port Saguenay To view an enhanced version of this graphic, please visit: About First Phosphate Corp First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company's vertically integrated approach connects sustainable phosphate mining in Quebec with North American battery supply chains, targeting the energy storage, data center, robotics, mobility, and defense sectors. First Phosphate's flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean is one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal impurities. About Port Saguenay The Saguenay Port authority (SPA), also known as the "Port of Saguenay", is an autonomous federal public enterprise incorporated under the Canada Marine Act in 1999. It is one of the 17 Canadian Port Authorities (CPAs), recognized for its strategic importance and its contribution to the country's economy. Located in the heart of Saguenay-Lac-St-Jean industrial region, the Port of Saguenay is a natural gateway to Northern Quebec and its extensive natural resources. Accessible all year round, its deep-water marine facilities are capable of accommodating some of the world's largest ships. Accessible directly from major North American rail and highway networks, the Port is also renowned for the quality and availability of its infrastructure. About the Walloon Export & Investment Agency in Quebec The Wallonia Export and Investment Agency ("AWEX") is a public interest organization created by the Walloon Region in 1998. It is the key partner for any Walloon company wishing to expand internationally and acts as a one-stop shop for any foreign company interested in establishing a presence in Wallonia. AWEX has maintained an office in Montreal for many years to strengthen trade relations between Wallonia and Quebec. It works in collaboration with the General Delegation Wallonia-Brussels based in Quebec City and the Embassy of Belgium in Ottawa. For additional information, please contact: Bennett KurtzChief Financial Officerbennett@ +1 (416) 200-0657 Investor Relations: investor@ Media Relations: media@ Follow First Phosphate: X: Forward-Looking Information and Cautionary Statements This news release contains certain statements and information that may be considered "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things: the Company's planned exploration and production activities; the properties and composition of any extracted phosphate; the Company's plans for vertical integration into North American supply chains, the Company's plans relating to the design, build, operation and maintenance of the Bégin-Lamarche Phosphate Mine (and the possibility of eventual economic extraction of minerals from therefrom); the Company's entering into of a definitive land lease for one or both of the Phase 1 and Phase 2 lands and the achievement of preconditions thereto; the achievement and completion of all required steps, including, without limitation, access to financing, and regulatory and environmental approvals, to build and operate a phosphoric acid and gypsum valorization facility, and lithium iron phosphate (LFP) cathode active material (CAM) production facility; the vertical integration between upstream phosphoric acid and downstream LFP CAM production; and the Company's access to international markets and any future partner co-location. These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company's public disclosure record including the short form base prospectus dated June 5, 2024, as well as: there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company's expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company's relationship with First Nations and other Indigenous parties remaining consistent with the Company's expectations; the Company's relationship with other third party partners and suppliers remaining consistent with the Company's expectations; government relations and actions being consistent with Company expectations. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company's other documents filed with the Canadian and United States securities authorities, including without limitation the "Risk Factors" section of the Company's Management Discussion and Analysis dated June 27, 2025 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR+ at Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. To view the source version of this press release, please visit

First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant
First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant

Malay Mail

time18-07-2025

  • Business
  • Malay Mail

First Phosphate Signs Agreement with Port Saguenay to Establish Phosphoric Acid Plant

Direct rail and vessel access to North American and global markets, especially to the company's European offtakers Access to large-scale industrial infrastructure, utilities and expansion lands Eventual vertical integration between upstream phosphoric acid and downstream LFP battery material production Claude Guay, Member of Parliament for LaSalle-Émard-Verdun, Parliamentary Secretary to the Minister of Energy and Natural Resources, Canada Mario Simard, Member of Parliament for Jonquière, Vice-Chair, Standing Committee on Natural Resources, Canada Andrée Laforest, Deputy, Chicoutimi, Minister of Municipal Affairs and Housing, Government of Quebec François Tremblay, Deputy, Dubuc, Government of Quebec Anne Defourny, Trade/Investment Counsellor, Wallonia Export & Investment Agency Carl Laberge, President and Board Chair, Port Saguenay John Passalacqua, CEO, First Phosphate Corp. David Dufour, Executive Vice-President, First Phosphate Corp. [email protected] 2 5 2 3 Saguenay, Quebec - Newsfile Corp. - July 18, 2025 - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("" or the "") announces that it has finalized an industrial land option agreement with Port of Saguenay (the "") located in Saguenay, Quebec, Canada (the "").The Agreement marks progress on the memorandum of understanding ("MOU") signed between the Company and the Port on October 12, 2022. Under the Agreement, First Phosphate has the exclusive right to enter into a definitive land lease with the Port by December 31, 2027, subject to various financial and development milestones and prior to anticipated facility construction beginning in Agreement covers lands where the Company plans to develop a phosphoric acid plant using advanced clean technology from Prayon SA of Belgium and to be implemented by international engineering firm Ballestra of Italy. These lands offer strategic benefits and a competitive position, including:The Agreement was signed today in Montreal at the premises of the Wallonia Export & Investment Agency ("AWEX"). In attendance for the signing were:To view an enhanced version of this graphic, please visit:"Our government's ongoing investments in Port Saguenay will enable companies such as First Phosphate to process phosphate into phosphoric acid right here in Saguenay. We continue our efforts to ensure that our infrastructure is up to par for attracting businesses to the port and to our surrounding communities. We remain proactive and positive for our Saguenay-Lac-Saint-Jean region," said Andrée Laforest, Member of Parliament for Chicoutimi, Minister of Municipal Affairs and Minister responsible for the Saguenay-Lac-Saint-Jean region, and François Tremblay, Member of Parliament for Dubuc."The new Government of Canada supports the development of critical minerals and the infrastructure needed to support them. Phosphate has been included by the federal government in the Canadian list of critical minerals to open doors for phosphate projects across Canada. This agreement demonstrates the economic opportunities these minerals bring to Canada and Quebec in the production and processing of critical minerals. We thank First Phosphate and the Port of Saguenay for their work in pursuing these opportunities. By working together, we will build the strongest economy in the G7," said Claude Guay, Member of Parliament for LaSalle-Émard-Verdun and Parliamentary Secretary to the Minister of Energy and Natural Resources."I am delighted with today's announcement: this is a major project for both the region and the whole of Quebec. Today, Saguenay-Lac-Saint-Jean is carving out a place for itself in the battery industry, and not just any place. This project is a symbol of sustainable economic development and is in line with our commitment to promoting projects that contribute to the energy transition," said Mario Simard, Member of Parliament for Jonquière and Bloc Québécois spokesperson for Natural Resources."This agreement with First Phosphate confirms Saguenay's central role in the development of the critical minerals sector in both Quebec and Canada," said Saguenay Mayor Julie Dufour. "With our industrial infrastructure, strategic access to rail and maritime networks, and our strong commitment to welcoming innovative projects, Saguenay is proving its ability to attract major investment. This project aligns with our ambition to establish Saguenay as a key economic hub in northeastern Canada.""This agreement with First Phosphate confirms the strategic advantages and role of the Port of Saguenay as a natural logistics hub in northeastern Canada for the development of the critical minerals sector. It follows major investments and infrastructure projects currently underway in its industrial port zone and is in line with the collaboration agreement recently signed with North Sea Port, a strategic port area in Europe," said Mr. Carl Laberge, President and CEO of Port Saguenay. "This agreement represents a significant step forward for economic diversification and the establishment of a promising industrial sector for Quebec and Canada."To view details on the facilities at Port Saguenay, please see: To view an enhanced version of this graphic, please visit:First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company's vertically integrated approach connects sustainable phosphate mining in Quebec with North American battery supply chains, targeting the energy storage, data center, robotics, mobility, and defense sectors. First Phosphate's flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean is one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal Saguenay Port authority (SPA), also known as the "Port of Saguenay", is an autonomous federal public enterprise incorporated under the Canada Marine Act in 1999. It is one of the 17 Canadian Port Authorities (CPAs), recognized for its strategic importance and its contribution to the country's economy. Located in the heart of Saguenay-Lac-St-Jean industrial region, the Port of Saguenay is a natural gateway to Northern Quebec and its extensive natural resources. Accessible all year round, its deep-water marine facilities are capable of accommodating some of the world's largest ships. Accessible directly from major North American rail and highway networks, the Port is also renowned for the quality and availability of its Wallonia Export and Investment Agency ("AWEX") is a public interest organization created by the Walloon Region in 1998. It is the key partner for any Walloon company wishing to expand internationally and acts as a one-stop shop for any foreign company interested in establishing a presence in Wallonia. AWEX has maintained an office in Montreal for many years to strengthen trade relations between Wallonia and Quebec. It works in collaboration with the General Delegation Wallonia-Brussels based in Quebec City and the Embassy of Belgium in KurtzChief Financial OfficerTél: +1 (416) 200-0657Investor Relations: [email protected] Media Relations: [email protected] Website: X: LinkedIn: The issuer is solely responsible for the content of this announcement.

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