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CAE Inc.

09:59 AM EST - CAE Inc. : announced today that the Government of Canada will participate in its latest research and development (R&D) program through a repayable investment of $250 million. The goal of CAE's Project Innovate, which will span five and half years, is to develop and expand CAE's current modelling and simulation technologies, develop new ones and continue to differentiate its service offering. CAE Inc.
shares T.CAE are trading up $0.09 at $15.03.