$ 50 million in assistance to Serres Toundra

$ 50 million in assistance to Serres Toundra

Investissement Québec (IQ) grants a loan of $ 30 million to Serres Toundra de Saint-Félicien for the third phase of its greenhouse complex and the Ministry of Agriculture undertakes to reimburse up to $ 20 million of its invoice. electricity.

“By 2025, our government intends to double the area of ​​greenhouse vegetable production in order to increase our food autonomy and generate economic benefits for all regions of Quebec. In this spirit, companies like Serres Toundra will benefit from several concrete advantages to contribute to the success of this great social project, ”indicated André Lamontagne, Minister of Agriculture, Fisheries and Food (MAPAQ) in a press release.

Number 1 in cucumbers

Founded six years ago, Serres Toundra produce greenhouse vegetables in Saint-Félicien, in the Saguenay – Lac-Saint-Jean region. Over time, the company has become the largest producer of greenhouse cucumbers in Quebec.

The company is in particular the supplier of Canada Sauce, which makes a Quebec relish with its production located 150 kilometers from its factory.

Thanks to this $ 50 million investment, more than 55 jobs will be created with the addition of 8.5 hectares of greenhouses. Its electrical capacity and its packing stations will also be improved.

“The $ 30 million support from Investissement Québec (IQ) will allow Serres Toundra to invest in new equipment, increase its production area and diversify its crops,” added Pierre Fitzgibbon, Minister of Economy and Innovation (MEI).

“This is an addition of 8.5 hectares of greenhouse that will be in operation in November 2021. We would like to thank Desjardins, Investissement Québec and the Ministry of Agriculture, Fisheries and Food, invaluable financial partners of Serres Toundra », Shared Éric Dubé, CEO of Serres Toundra.

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