The Government of Canada supports eight organizations in the Magdalen Islands to grow and diversify the regional economy

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DEC grants close to $6 million for projects promoting the start-up and growth of businesses and contributing to community development in the Magdalen Islands.

MADELEINE ISLANDS, QC, May 24, 2022 /CNW Telbec/ – Canada Economic Development for Quebec Regions (CED)

The Magdalen Islands have several dynamic and resilient businesses and organizations whose innovative ideas help create a strong local economic fabric. Some of these organizations, which work in various sectors, have seized development opportunities to ensure the vitality of their communities.

This is why the Honorable Pascale St-Onge, Minister of Sports and Minister responsible for CED, and the Honorable Diane Lebouthillier, MNA for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue, announced today today $5.78 million in financial assistance from CED in support of eight promising projects for the region.

The recipients are the Center for Research on Insular and Maritime Environments (CERMIM), Cooperative des Pêcheurs de Cap Dauphin, Homard du Cap des Îles, the Municipality of Îles-de-la-Madeleine, Center Alfred Gallant, Solutions Distributions IM, Alcyon sea ​​salt and Maison des jeunes des Îles-de-la-Madeleine.

CED’s investments will make it possible to improve the living spaces of local residents and contribute to the start-up and growth of regional businesses and organizations by helping them acquire new equipment or by positioning them to increase their potential for innovation. Additional information on each project is provided in the related information document.

The government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. A prosperous region relies on organizations that are well anchored in the regional economy. They are major contributors to growth, in addition to being major assets for rebuilding a strong, more resilient, greener and fairer economy for all.

Estimate

“Our government is committed to supporting businesses, organizations and communities towards tomorrow’s economy. By supporting them, we help them seize business and development opportunities. This is what we are doing today with these eight Îles-de-la-Madeleine organizations, by helping them carry out future projects for the region. By focusing on local development, we ensure that the community can enjoy places where life is good. And by also betting on growth, we are strengthening the regional economy through innovation. and diversification of activities.

The Honorable Pascale St-Onge, MNA for Brome–Missisquoi, Minister of Sports and Minister responsible for CED

“Today’s financial support demonstrates our will and our renewed commitment to businesses and organizations in the Magdalen Islands. I am delighted that CED is investing in future projects for the local community. Their success will certainly make a major contribution to the development and growth of the region, and help build a stronger, more resilient and greener economy. »

The Honorable Diane Lebouthillier, MP for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue

Quick fact

  • CED is a key federal partner in of Quebec regional economic development. With its 12 business offices, CED helps Quebec businesses, support organizations and regions to make the transition to tomorrow’s economy a success.

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SOURCE Canada Economic Development for Quebec Regions

For further information: For further information: Media Relations, Canada Economic Development for Quebec Regions, [email protected]; Ariane Joazard-Bélizaire, Press Attaché, Office of the Minister of Sports and Minister Responsible for Canada Economic Development for Quebec Regions, [email protected]

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