Quebec to invest $10M in company developing Canadian-made satellite launch technology / The Toronto Star

Monday, June 9, 2025, 5:22 pm permalink

Quebec’s government announced a $10M injection into a Montreal-area aerospace firm developing an innovative rocket designed to launch small satellites weighing up to 200 kilograms. Officials highlighted the project as a pivotal move to boost Canada’s independent space launch capabilities and stimulate domestic high-tech innovation.


permalink / 3 stories from sources in 2 days #quebec #business #canada #rockets




More Top Stories...


Michael Sabia named head of Canada’s Privy Council

In a high-profile cabinet reshuffle, veteran executive Michael Sabia is set to lead Canada’s public service as the new Clerk of the Privy Council. Praised for his extensive experience in both government and industry, his appointment delivers a clear message of seasoned leadership at a critical time in Ottawa. More...


Canada-U.S. Negotiations Intensify Over Economic and Security Deal

Talks between Canada and the United States are heating up as officials engage in detailed discussions over a comprehensive economic and security pact. With both sides addressing emerging trade imbalances and strategic concerns, the negotiations reflect a critical juncture in cross-border diplomacy—mixing cautious optimism with a touch of bureaucratic sarcasm. More...


Liberals dismiss Bloc call to split Bill C-5

Federal Liberals have firmly rejected the Bloc Québécois’ proposal to split Bill C-5 into separate components covering free trade and labor mobility. The move has left Bloc critics fuming as they push for an accelerated review, while the government remains impenetrably resolute on keeping the bill intact. More...


GST rebate on new homes promises significant first-time buyer savings

A federal budget officer’s report reveals that eligible first-time homebuyers can save around $27K in GST on new homes—though the benefit phases out as prices near $1.5 million. Homebuyers and industry watchers alike may find the arithmetic as baffling as it is beneficial. More...


Ontario housing slump: Residential construction hits 2009 low levels

Ontario’s housing market is showing significant weakness as new residential construction hits its lowest level since 2009, according to the province’s financial watchdog. The slowdown has raised economic concerns and sparked discussions about the underlying factors affecting market recovery. More...



Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.