Canada Economic Development

Canada Economic Development

May 02, 2014 11:01 ET

Government of Canada Supports Local Investment Across Quebec

MONTRÉAL, QUÉBEC--(Marketwired - May 2, 2014) - Canada Economic Development

The Government of Canada is reaffirming its long-term commitment to supporting the development of Quebec communities. The new Local Investment Initiative (LII) announced today by 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, will make non-repayable funding available to non-profit organizations and municipalities with fewer than 2,000 inhabitants for the renovation, improvement or expansion of existing community halls.

Quick facts

  • The LII is a one-time Canada Economic Development initiative delivered within the framework of its activities through the Quebec Economic Development Program.
  • This new initiative, with its $6 million budget over two years, will strengthen the local economy in communities across Quebec.
  • Funding will be allocated in the form of a non-repayable financial contribution to projects that meet specific eligibility criteria and are selected through a call for proposals open from May 2 to June 6, 2014.
  • This new initiative will help promote long-term economic development capacity-building in Quebec communities by stimulating local investment while ensuring citizens have access to safer and more functional community halls that are better suited to their needs.

Quote

"With this new Local Investment Initiative, our Government is giving new strength to its community economic development objectives. In supporting local investment by funding projects to renovate, improve or expand existing community halls, our government is fulfilling its commitment to help improve quality of life in our communities."

Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

Related link

For further information on the Local Investment Initiative and its terms and conditions.

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