Backgrounder: Government of Canada support for Quebec businesses
Backgrounder
Montréal, Quebec, March 18, 2021 – Canada Economic Development for Quebec Regions (CED)
The following information is in addition to the news release issued on March 18, 2021, on CED’s financial assistance, the recipient organizations and their respective projects.
Details
| Recipient | Activities funded by CED | Non-repayable contribution |
|---|---|---|
|
The project, a redistribution agreement, aims to provide Sociétés d'aide au développement des collectivités (SADCs) and Centres d'aide aux entreprises (CAEs) with access to a capital fund offering additional financial support for businesses in Quebec’s rural communities facing the impacts of the COVID-19 pandemic, through loans enabling them to finance their cashflow needs. |
$19,400,000 |
|
|
The project, a redistribution agreement, aims to offer additional technical support services up to June 30, 2021, to businesses in small rural communities facing the impacts of the COVID-19 pandemic. |
$9,000,000 |
|
|
PME MTL (through its six service points) |
The project, a redistribution agreement, aims to offer additional financial support up to June 30, 2021, to businesses on Montréal Island through loans enabling them to finance their cashflow needs. |
$12,079,000 |
|
The project aims to offer technical support services up to June 30, 2021, to businesses on Montréal Island facing the impacts of the COVID-19 pandemic. |
$1,135,100 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Québec businesses facing the impacts of the COVID-19 pandemic. |
$700,000 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Saguenay businesses facing the impacts of the COVID-19 pandemic. |
$93,500 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Gatineau businesses facing the impacts of the COVID-19 pandemic. |
$210,000 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Lévis businesses facing the impacts of the COVID-19 pandemic. |
$115,000 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Sherbrooke businesses facing the impacts of the COVID-19 pandemic. |
$188,750 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Longueuil businesses facing the impacts of the COVID-19 pandemic. |
$500,000 |
|
|
The project aims to offer additional technical support services up to June 30, 2021, to Laval businesses facing the impacts of the COVID-19 pandemic. |
$344,165 |
Contacts
Media Relations, CED
dec.media.ced@canada.ca
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