Task force on fiscal aids to resource regions and the new economy - The ICT industry takes position on the subject of fiscal aids to the industry



    MONTREAL, Oct. 5 /CNW Telbec/ - Several leaders from the Information and
Communications Technology (ICT) industry in Québec and Canada took position
today on the subject of fiscal aids from the government. Under the leadership
of TechnoMontréal, Alliance numériQC, the Association of Health Technologies
Industry (AITS), the Hotel and Restaurant Suppliers Association (HRSA), the
Fédération de l'informatique du Québec (FiQ), PROMPT-Québec, Réseau inter
logiQ, as well as several private companies and representatives from
educational and research organizations spoke with one voice.
    A memorandum was submitted to a task force put in place by the Minister
of Finance, Minister for Government Services, Minister responsible for Public
administration and Chair of the Conseil du Trésor, Mrs. Monique Jérôme-Forget.
The mandate of the task force is, on one hand, to report on these aids and
their impact and, on the other hand, to suggest the best course of action for
the development of regions and specific industries.
    The task force formulated four basic questions on:

    
    1. The principle of fiscal aids defined based on territories or
       industries;
    2. The impacts of fiscal aids:
       - On the companies which benefited from them (manufacturing companies
         in resource regions or businesses in the new economy);
       - On the development of territories (resource regions and designated
         sites) and targeted sectors (manufacturing and the new economy);
       - On territories and companies in the Province of Québec but which do
         not benefit from these aids;
    3. The cost of these fiscal aids;
    4. The end of these fiscal aids.
    

    "The activities of the task force are important for the ICT industry and
we are proud to have worked on defining the industry's position with
associations from Québec and Canada, educational and research organizations
and several companies," indicated Michel Guay, chairman of the Board of
TechnoMontréal. "The ICT industry represents the most important industry in
terms of the number of jobs in the private sector in the Greater Montreal
area. We must bring a second wind to the industry so that we can continue to
innovate in an environment which is very competitive. The government can
contribute through several strategic actions."

    The memorandum presented by the industry formulates four recommendations:

    
    1. Maintain the principle of fiscal aids in the portfolio of measures
       available to the government to further stimulate the industry, but not
       link these aids to designated sites.
    2. Urgently define an economic development strategy for the province of
       Québec to reinforce the new economy and inject it a second wind for
       the next ten years.
    3. Support this strategy by the use of a variety of means and leverages.
    4. Accompany businesses which are currently benefiting from fiscal aids
       to allow them to transition adequately.
    

    The memorandum can be obtained on TechnoMontréal's Web site.

    The ICT Cluster of Greater Montréal

    The Information and Communications Technology Cluster of Greater Montréal
represents 5,000 companies and 120,000 jobs. It contributes to the prosperity
of the Montréal region, with exports totalling over $4 billion in 2004. For
more information: www.technomontreal.com.

    About TechnoMontréal

    TechnoMontréal's mission is to contribute to the economic development of
the ICT sector of Greater Montréal and to increase its international status.
It is part of the industrial cluster initiative put forward by the three
levels of government, under the leadership of the private sector.




For further information:

For further information: Céline Clément, Communications Advisor,
Montréal International, (514) 987-9390, Cell: (514) 892-4030,
celine.clement@montrealinternational.com


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