A firm of co-founder of the CAQ seeks$ 3 Million

Une firme du cofondateur de la CAQ sollicite 3 M$

After having $ 5 million in the beginning of the year, the firm Transmission CVTCORP of the billionaire Charles Sirois, co-founder of the CAQ and friend of François Legault, claimed another $ 3 million to Quebec.

Last Friday, Transmission CVTCORP inc. is recorded in the Registry of lobbyists in order to have “a maximum of $ 3 million, in the form of participation in equity Fund Quebec economic development Program GROWTH or similar” with Investissement Québec (IQ) and the ministry of Economy and Innovation (MEI).

In the beginning of the year, Transmission CVTCORP had already obtained a direct participation of $ 5 million from the quebec government to help it to maximize its production capacity.

Society of the Montérégie

At the time, François Legault, had found it “offensive” that The Newspaper say he is the friend of Charles Sirois.

“There was an error made, either to make the link between the amount given by the government, and the fact that it is a friend,” he lamented.

Founded in 2001, the SME Transmission CVTCORP forty employees of the South Shore of Montreal, develops and manufactures transmissions for agricultural vehicles and construction.

His first shareholder (not majority) is ” TELESYSTEM LTD.”, whose majority shareholder is ” TÉLÉMEX INC. “that is the property of PLACEMENTS CHARLES SIROIS INC. “according to the Register of companies.

The businessman Charles Sirois has co-founded the Coalition avenir Québec (CAQ) in 2011 with François Legault, after helping Jean Charest to build its first team to the Quebec liberal Party (QLP) to his arrival in Ottawa.

Charles Sirois is the founder of Telesystem. He is co-founder and chairman of the board of Pangea, an agricultural society is funded in part by the Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ.

Transmission CVTCORP and Telesystem have not responded to our requests for interview yesterday.

– With the collaboration of Marie-Christine Trottier

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