In the margin of the XIIth the Francophonie Summit held in Quebec City in October 2008, the Diplomat Investment Group organized a meeting bringing together several business people from Quebec and Canada to raise $800 million to finance oil and mining projects in Chad. The event allowed about 50 business people to hear President Déby recount the latest events in Chad and, above all, to learn about the economic and social environment prevailing in Toumaï country. Mr. Déby Itno confirmed the return of peace and stability as a guarantee of development. President Déby praised his people and their determination to develop and thus facilitate access to the country for foreign firms, including Canadian ones, so that they can prosper and provide Chadians with a certain expertise. He also announced changes and additions to the Investment Code that would allow foreign companies to enjoy tax exemptions and the new socio-economic landscape that animates Chad. Business opportunities in Chad are numerous, particularly in the fields of oil, mining, infrastructure, housing, health, and education. He therefore invited Canadian business people to Chad in the coming months. Business people came out of their meeting with the president happy and confident of the role they can play in the economic development of this country that has been waiting for its turn for too long now. Memoranda of understanding were signed between Canadian firms and the Chadian government in the oil sector. Mr. Adam Béchir, Chad's ambassador to Canada with residence in Washington, was charged by the President of the Republic to follow up with Canadian firms based in Toronto.