Montreal, May 20, 2014 – In Quebec, the system of government aid for manufacturing firms is not only too complex, but very often misses its targets. These are the main conclusions of a recent study released today by the HEC Montréal Centre for Productivity and Prosperity (CPP). “For close to 15 years now, the manufacturing sector has been suffering a major crisis in Quebec. Nearly one in five jobs has disappeared, and manufacturing output has fallen considerably,” laments CPP Director Robert Gagné. “Despite the substantial assistance from the Quebec government to staunch the bleeding, there has been no real recovery in manufacturing activity. So we thought it was essential to launch a study aimed at better understanding the weaknesses in Quebec’s manufacturing sector and taking a critical look at the effectiveness of government aid for manufacturers.”

Read full article