The Madawaska Highlands Observatory Corporation says it plans to build the most powerful telescope in Canada in the Madawaska Highlands.

The company says the wide-field telescope is designed to discover exo-planets and is expected to discover hundreds over the course of its lifetime.

The company says the facility will host two professional observatories including the wide-field telescope.

The company is also offering sponsorships to all the key components at the facility 90 minutes west of Ottawa, including the telescopes.