The Government of Canada is investing more than $40 million to support the revival of Quebec’s tourism industry
DEC Awards $500,000 in financial aid to INFINITY Experiences.
MONTREAL, June 10, 2022 /CNW Telbec/ – Canada Economic Development for Quebec Regions (CED)
A key driver of the economy, Canada’s tourism industry has generated over $100 billion of annual income before being decimated by the pandemic. Today the government of Canada is investing over $40 million to help the tourism industry thrive again and reach its full potential.
The Honorable Pascale St-Onge, Minister of Sports and Minister responsible for CED, and the Honorable Pablo Rodriguez, Minister of Canadian Heritage and Quebec Lieutenant, today announced a $500,000 repayable contribution for INFINITY Experiences Inc. This Government of Canada the funding will allow INFINITY Experiences to transform its traveling exhibition infinity into a longer-term facility that will be open to the public by late 2022 or early 2023. Today’s announcement is part of a series of investments totaling more than $40 million in strategic projects aimed at ensuring the recovery of of Quebec tourism sector. All investments will be confirmed in spring and summer 2022.
Founded in 2020 by immersive arts and entertainment pioneers Felix & Paul Studios and PHI Studio, with backing from the Culture and Communications Investment Fund (FICC), INFINITY Experiences is an innovative startup in a growing industry . His experience INFINITY is based on virtual reality images captured inside and outside the International Space Station (ISS), as seen in Space Explorers: The ISS Experience, the largest production ever shot in space. Equipped with virtual reality headsets, visitors can navigate the ISS in this collective, interactive and immersive experience, which lasts 45 minutes and takes place in an 8,000 square foot space. The longer-term establishment of this traveling exhibition in Montreal will make it possible to continue to bring this unique work to life, while promoting the city’s creative industry.
The government of Canada recognizes and supports innovative businesses and organizations that make their communities proud. of Quebec economic recovery depends, among other things, on a strong tourism industry whose players contribute significantly to the growth of their regions and to the reconstruction of a greener and more resilient economy for all.
“Our government recognizes the importance of of Quebec the tourism industry, both from an economic and social point of view and internationally. Our government will always be there for the entrepreneurs and dedicated workers in the tourism sector to ensure a sustainable recovery in all regions of the Quebec. This is their chance to leverage their creative genius to showcase from Canada culture and diversity to its many visitors. Today, we are announcing significant investments to enable them to look to the future. The support of INFINITY Experiences is excellent news for Montreal and its power of attraction. »
The Honorable Pascale St-Onge, MNA for Brome–Missisquoi, Minister of Sports and Minister responsible for CED
“The past few years have not been easy, and the $40 million The investment announced today for our tourism industry once again demonstrates our strong commitment to enabling the recovery of tourism through Quebec. Moreover, the unique experience INFINITYwhich will make a great return to Montreal, will allow us to promote our creative industry to local and international tourists. »
The Honorable Pablo Rodriguez, MP for Honoré-MercierMinister of Canadian Heritage and Lieutenant of Quebec
“Tourism is one of the sectors Canada most affected by the COVID-19 pandemic. We will continue to support this sector during this difficult time. We will also continue to make safety our top priority and ensure businesses get the help they need to quickly regain their footing and thrive. The tourism relief fund will help businesses adapt, make improvements and be ready to welcome customers back. It is also part of a broader strategy to help the sector weather the pandemic, recover and ultimately grow. The Canadian economy will not fully recover until our tourism sector recovers. »
The Honorable Randy Boissonnault, MP for Edmonton Centre, Minister of Tourism and Associate Minister of Finance
“INFINITY the first edition of the experience in Montreal began in July 2021 and attracted nearly 70,000 visitors. The exhibit then toured North America. His first stop was Houstonand now INFINITY is in Seattle/Tacomaafter which he will head towards San Francisco for six months. We are happy to bring you a new version of INFINITY in Montreal, both for Quebec public and to complete Montréal’s tourist offer with this new version of this unique experience. »
Eric AlbertChairman and CEO of PHI and co-CEO of INFINITY Experiences, and Stéphane Rituit, CEO and co-founder of Felix & Paul Studios and co-CEO of INFINITY Experiences
- Tourism is $102 billion of annual economic activity, 1.8 million jobs and 2% from Canada GDP.
- The funding comes from the Tourism Relief Fund, which was specifically created to help tourism businesses and organizations bring innovative products and services to visitors and prepare to welcome international travelers back.
- CED is the key federal partner for regional economic development in Quebec. Through its 12 regional business offices, CED helps businesses, support organizations and the regions of Quebec prepare the economy of tomorrow.
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SOURCE Canada Economic Development for Quebec Regions
For further information: Media Relations, Canada Economic Development for Quebec Regions, [email protected]; Ariane Joazard-Bélizaire, Press Attaché, Office of the Minister of Sports and Minister Responsible for Canada Economic Development for Quebec Regions, [email protected]; FOR FELIX & PAUL STUDIOS: Francis Mailly, Cell: 514-891-2617, [email protected]; FOR THE PHI CENTER: Myriam Achard, Head, Partnerships, New Media and Public Relations, cell: 514 779-8868, [email protected]