MONTREAL - The Quebec government's investment arm wants its $1.9 million back from a company preparing to leave the province.
Home appliance-maker Mabe has announced it will slash 700 jobs in Montreal.
It says it will close the Canadian plant, which manufactures brand-name dryers, by 2014. The company also has operations in the U.S. and Mexico and blames its woes here on the high Canadian dollar.
Invest Quebec says it provided the company money to refurbish the plant and buy new equipment.
But it says Mabe was supposed to keep at least 500 jobs at the Montreal plant, until 2016.
Invest Quebec is demanding repayment, warning that it would otherwise take the "appropriate measures."
© The Canadian Press, 2012