The new agreement aims to promote trade, investment and collaboration in sectors such as biotechnology, aerospace, information technology, telecommunications and the environment. It complements an agreement between the two governments signed last December in Quebec City, which also encompasses the areas of culture, education and science.
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He said Israel provides an example of support for entrepreneurship and the growth of enterprises.
One solid deal was announced before the mission’s return to Quebec. The Israeli venture-capital company Vertex is investing $4 million in the Montreal-based communications technology firm Neuralitic, which was founded last year. The Quebec Federation of Labour’s Fonds de la solidarité, which was represented on the mission by vice-president Jacques Bernier, which invests in Vertex.
The Canadian Jewish News - Quebec and Israel sign economic agreement