Backgrounder: Contributions Awarded to Three Organizations and One Business in Nord-du-Québec

Chibougamau, Quebec: Tuesday, July 16, 2019 – Canada Economic Development for Quebec Regions (CED)

Three tourism organizations and local firm Lettrage Waldi will receive a total of $1,515,000 in contributions from Canada Economic Development for Quebec Regions.

The funding was announced today by the Honourable Diane Lebouthillier, Member of Parliament for Gaspésie–Les Îles-de-la-Madeleine and Minister of National Revenue. This Government of Canada support will help Lettrage Waldi and the recipient organizations meet the goals they have set for themselves, and their respective projects will generate more than $3 million in total investments in Nord-du-Québec.

This funding was awarded under CED’s Quebec Economic Development Program and Regional Economic Growth through Innovation.

Lettrage Waldi inc.

Repayable Contribution of $941,761 Out of a Total Investment of $1,883,521

In operation since 1971 and incorporated since 2002, Lettrage Waldi inc. makes industrial and commercial signs. The firm has an extensive line of visual solution products and services (ads, displays of all kinds, etc.), uses a wide range of digital technology, and maintains its signs. All its clients are in Nord-du-Québec.

The project will boost the firm’s performance by improving and diversifying its 3D sign-making capacity and allowing it to put all operations under one roof.

CED’s contribution will cover all project costs (plant construction, purchase of gas-powered forklift for in-plant use, etc.).

The project will create two jobs.

Tourisme Baie-James

Non-Repayable Contribution of $288,000 out of a Total Investment of $681,000

A non-profit organization incorporated in 1997, Tourisme Baie-James is mandated to promote and help develop the region’s tourism industry through, among other things, marketing campaigns outside Quebec and activities to expand the offer of selected products. The 113-member organization, considered a key player in northern tourism, publishes the annual tourist guides for Nord-du-Québec.

The three-year project, aimed at making the region more attractive, will implement Tourisme Baie-James’s marketing plan outside Quebec and expand the offer to attract tourists from abroad.

CED’s contribution will cover the organization’s marketing and development costs (marketing coordinator’s various activities for target markets; media placement; design and printing of promotional material; website development; studies, analyses, presentations by experts to develop a regional position; etc.).

The project will help preserve and retain one job.

Eeyou Istchee Tourism

Non-Repayable Contribution of $240,000 Out of a Total Investment of $525,000

A non-profit organization incorporated in 1997, Eeyou Istchee Tourism is mandated to promote and help develop the region’s tourism industry through, among other things, marketing campaigns outside Quebec and activities to expand the offer of marketed products. The 39-member organization works in concert with Tourisme Baie-James, Fédération des pourvoiries du Québec, and Tourisme autochtone Québec.

The three-year project, aimed at making the region more attractive, will implement the Tourisme Baie-James marketing plan and develop the offer to attract tourists from outside Quebec and from abroad.

CED’s contribution will cover the organization’s marketing and development costs (marketing coordinator’s various activities for target markets; media placement; design and printing of promotional material; website development; studies, analyses, presentations by experts to develop a regional position; etc.).

The project will help preserve and retain one job.

Nibiischii Corporation

Non-Repayable Contribution of $45,000 Out of a Total Investment of $100,000

Nibiischii Corporation, an Aboriginal non-profit organization founded in 2013, is mandated to support and develop activities for the Albanel, Mistassini and Waconichi Lakes (AMW) Wildlife Sanctuary and to create and operate the future Nibiischii National Park. It is also now responsible for developing the Assinica Wildlife Sanctuary.

The project will involve strategic and operational planning to promote the Albanel, Mistassini and Waconichi Lakes (AMW) Wildlife Sanctuary and determine priority areas for land-use planning and economic activity. It will also upgrade, implement, and promote tourism products and services to make them attractive to hunting, fishing, and nature interpretation enthusiasts.

CED’s contribution will cover all project costs including professional fees and travel expenses for the consulting team that performs the work.

Summary

• Number of projects: 4
• Number of jobs created: 2
• CED contributions: $1,514,761
• Total investment generated by the projects: $3,189,521