June 13, 2014 – Lac-Mégantic, Quebec – Canada Economic Development
Acting on behalf of the Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the regions of Quebec, the Honourable Christian Paradis, Member of Parliament for Mégantic–L’Érable and Minister of International Development and for La Francophonie, announces that the Mégantic region Société d´aide au développement de la collectivité (SADC) will be responsible for managing two investment funds capitalized by the Government of Canada. The purpose of these funds, which were announced in December 2013, is to support projects that contribute to Lac-Mégantic’s economic, business, social and cultural recovery.
Assistance to set up these investment funds has been granted in the form of a $5 million non-repayable financial contribution through Component 3, Investment Funds, of the Economic Recovery Initiative for Lac-Mégantic (ERILM), administered by Canada Economic Development.
Media Relations
Canada Economic Development
Tel.: 514-283-8818
E-mail: media@dec-ced.gc.ca
Vincent Rabault
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development
Tel.: 514-496-1282
E-mail: vincent.rabault@miga-maig.gc.ca
