Canada Economic Development

Canada Economic Development

December 10, 2010 10:30 ET

Government of Canada Grants $800,000 in Funding to Manoir du Lac William to Expand Tourist Accommodations

Temporary Initiative for the Strengthening of Quebec's Forest Economies

SAINT-FERDINAND, QUEBEC--(Marketwire - Dec. 10, 2010) - The Honourable Christian Paradis, Minister of Natural Resources, today announced the awarding of $800,000 in repayable funding to Manoir du Lac William. Granted through the Temporary Initiative for the Strengthening of Quebec's Forest Economies (TISQFE) implemented by Canada Economic Development, this financial assistance will enable the tourist establishment to increase its lodging capacity and improve its service offering. 

"The Government of Canada is proud to contribute to the improvement and expansion of a tourism facility that, on top of creating 10 new jobs with its project, is playing an important part in building the Centre-du-Québec's reputation as a choice tourist destination," stated Minister Paradis.

Founded in 1956, Manoir du Lac William has undergone a number of renovations as well as three phases of expansion since its acquisition by the Lessard family in 1992. The overall project, which will cost $2.26 million, involves carrying out improvements to the existing facilities and enlarging the main building to add 21 new rooms, an indoor pool and nature spa, and meeting, fitness and treatment rooms. The funding from Canada Economic Development will be used primarily to conduct the work on the main building.

About the TISQFE

In force since last June, the TISQFE was established to help communities affected by the forestry crisis diversify their economies in order to secure their development and create and maintain employment. The measure's aim is also to support the viability and sustainable growth of the small and medium-sized enterprises (SMEs) in these communities.

"The TISQFE is working very well. I am delighted that we are well on our way to reaching our goal of investing $50 million in Quebec in the first year of the initiative. I invite more Centre-du-Québec companies and organizations to submit their projects to us," concluded Minister Paradis.

This measure is one of several put in place by our government in recent months to counteract the effects of the forest crisis. Others include, for example, the $1 billion granted to the Pulp and Paper Green Transformation Program to help enterprises carry out environmentally-friendly projects within their facilities and the $230 million invested, in collaboration with the Government of Quebec, for silvicultural work and the restoration of bridges and culverts on multi-use forest roads. Workers are also benefiting from their fair share of support, with the Government of Canada introducing some of the most generous measures in history to help them through the economic crisis.

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