In order to maximize the benefits from the emerging diamond industry,
the Government of Québec recently instituted a Strategy
for the Accelerated Development of Québec’s Diamond
Potential. This iniative will support the industry at all stages
of development, from the initial diamond discovery to cutting and
polishing.
Québec’s assets already include a qualified work force and a
training centre and two companies that specialize in diamond cutting
and polishing, in addition to established high value-added jewelry
businesses.
Businesses will find a favourable investment climate
in Québec:
- Government support for all development stages of the diamond
industry;
- advantageous fiscal measures for mining exploration;
- specialized venture capital funds like SIDEX and SODEMEX;
- possibility to consult and acquire mining title and geoscientific
information and data by using the Internet;
- a stable mining regime;
- the availability of a highly qualified work force;
- clear and well established agreements with arboriginal communities that favour the harmonious development of mining activities with both the Cree and Inuit First Nations;
- a well-developed airport system;
- privileged access to the American market.
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