Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

October 06, 2014 16:30 ET

Opening of 2014 International Summit of Cooperatives in Québec

Government of Canada provides funding for this major world gathering

QUÉBEC CITY, QUEBEC--(Marketwired - Oct. 6, 2014) - Canada Economic Development for Quebec Regions (CED)

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, is attending the activities surrounding today's official opening of the 2014 International Summit of Cooperatives and confirms that funding has been awarded for this large-scale international event.

The financial support has been granted in the form of a $1,000,000 non-repayable contribution through CED's Quebec Economic Development Program.

Quick facts

  • This investment enabled the event's promoting organization, Sommet international du coopératisme, to carry out activities to promote the 2014 International Summit of Cooperatives outside Quebec and to help finance the logistical and technical aspects of the Forum's organization.
  • The event is expected to draw thousands of participants from as many as 100 countries to the Québec City area from October 6 to 9, 2014.
  • Canada has more than 9,000 cooperatives and savings and credit unions, 3,300 of which are located in Quebec. Together, these organizations employ some 156,000 people, 60% of them here in the province.

Quote

"Our government salutes the important contribution made by cooperatives to the economic growth of Canada and to the prosperity of Canadians. We intend to pursue our collaboration with the cooperative sector to ensure its health and viability."

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

International Summit of Cooperatives Web site: http://www.sommetinter.coop/cms/en_CA/home.html

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