supports four Saguenay–Lac-Saint-Jean organizations to grow and diversify regional eco...

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Summary

Canada Economic Development for Quebec Regions invests over $1.5M in projects that will contribute to local business growth.Supporting businesses so they can seize economic development and diversification opportunities that are promising for the future contributes to economic development in Quebecs regions.That is why Brenda Shanahan, Member of Parliament for Ch\xe2teauguayLacolle, on behalf of the Honourable Pascale St-Onge, Minister of Tourism and Minister responsible for CED, today announced a total of over $1.5M in contributions to assist four promising projects for the SaguenayLac-Saint-Jean region.The recipients are the Corporation du parc r\xe9gional de Val-Jalbert, R\xe9frig\xe9ration Nordic, RPA Technologie and Alimentation Nouvelle-Orl\xe9ans.These CED investments will contribute to the growth of businesses and organizations, whether by supporting them in acquiring new equipment, equipping them to increase their performance, or raising their profile. A backgrounder with details on each project is available here.The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. With this objective in mind, we are investing in innovative, promising initiatives, such as those receiving assistance from CED today. Thanks to the synergy among local businesses, economic partners and communities, we are fostering sustainable development for the benefit of all.By supporting entrepreneurs and organizations, the Government of Canada is giving each region the tools it needs to prosper and adapt to the different challenges of our economy. The lasting relationships CED cultivates with businesses make it possible to target investments that will strengthen the competitiveness of organizations and SMEs in the SaguenayLac-Saint-Jean region.The Honourable Pascale St-Onge, Minister of Tourism and Minister responsible for CED In Quebec, SMEs account for 99.7% of the provinces businesses and 50% of its GDP.

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