Hoping that this is not too off topic. In mid-1970, a Montréal, Québec, company founded that same year, Mondair Aviation, announced plans to produce the Gazuit-Valladeau GV-103 Gazelle, a French three-seat private aircraft flight tested in 1969. The company intended to build a $ 3 million factory in Sherbrooke, Québec, which would export the bulk (up to 80%) of its production. This factory would eventually employ 150 or so people. Mondair Aviation was confident it could undersell its competitors. A consortium of four European companies would oversee the sale of the Québec-made machines - 400 or so during the first year after the inauguration of the factory it was said.
The firm's choice of location resulted from the fact that Sherbrooke and its region were among the special zones designated as such by the federal government. Indeed, Mondair Aviation hoped to obtain a grant from Regional Economic Expansion Canada to finance the construction of the plant. The granting of that sum of money, however, depended on the conclusion of arrangements with Canadian and European interests.
Mondair Aviation's project evolved over time, possibly as a result of a visit to Sherbrooke made by the engineer Georges Gazuit, in November 1970. In any event, the firm got a subsidy of almost $ 425 000 in March 1971. It claimed to have 600 or so orders on hand. By the spring of 1971, Mondair Aviation also wanted to produce the Gazuit-Valladeau GV-1020 two-seater and GV-1031 four-seater. Also possibly known as Gazelles, these aircraft were flight tested in 1971 and 1974 (?). Mondair Aviation allegedly purchased the worldwide production rights for the GV-103, GV-1020 and GV-1031, which were renamed Mondair 115, 130 and 150.
Interestingly, Mondair Aviation indicated it intended to enter the prototype of the Mondair 150 in the London to Victoria, British Columbia, air race held in July 1971 - if that aircraft could be spared for the duration of the event. That did not happen.
Mondair Aviation was said to be a subsidiary of Canidec, a Montréal management company. The truth was that both companies were pretty much one and the same, and there was not much to either of them. By the spring of 1972, the big advertising panel put up near Sherbrooke's small airport was showing signs of wear and tear.
Mondair Aviation having failed to obtain the necessary funds, it had to give up its projects. Both it and Canidec faded into the sunset. That said, a Gazelle had been shipped to Canada / Québec but seemingly did not fly there.