The Government of Canada as Well as the Community Futures Development Corporations (CFDCs) and Business Development Centres (BDCs) Serving the Regional Economy: Two BDCs and four CFDCs will be able to rely on stable funding for the next three years : the Fonds de dveloppement conomique Laprade - Drummond, CAE Haute-Yamaska et rgion and SADC de la rgion d'Acton, SADC Arthabaska-rable, SADC de Nicolet-Bcancour and SADC de Pierre-De Saurel

Abstract

Pierre Breton, MP for Shefford, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development (ISED) and Minister responsible for CED, confirmed the signing of a three-year agreement with six regional's organizations. Tied to the agreement is a financial commitment of $6 182 604 that will be used to support economic development in the community.

-- Fonds de developpement economique Laprade - Drummond: $545 355 -- CAE Haute-Yamaska et region: $590 355 -- SADC de la region d'Acton: $1 273 686 -- SADC Arthabaska-Erable: $1 217 586 -- SADC de Nicolet-Becancour: $1 300 086 -- SADC de Pierre-De Saurel: $1 255 536

Today's announcement arises from the signing of three-year agreements totalling more than $86 million among the Government of Canada and the CFDCs, BDCs, the CFDC/BDC Network and Capital Reseau of Quebec. That financial assistance, announced July 19, 2016 by Greg Fergus, Parliamentary Secretary to the Minister of ISED and Minister responsible for CED, will benefit 57 CFDCs, 10 BDCs, the CFDC/BDC Network and Capital Reseau SADC et CAE.