Canada Economic Development for Quebec Regions

Canada Economic Development for Quebec Regions

October 11, 2016 09:44 ET

The Government of Canada supports the 3rd International Summit of Cooperatives

Some 2,800 participants from 116 countries are in Quebec City to reflect on Cooperatives' Power to Act

QUEBEC CITY, QUEBEC--(Marketwired - Oct. 11, 2016) - Canada Economic Development for Quebec Regions (CED)
Tourism, one of the most rapidly developing industries in the world, provides an excellent opportunity for economic growth in Canada. The Government of Canada is proud to support events such as the Summit of Cooperatives, which generate significant economic benefits.

Acting on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, announced that the 2016 International Summit of Cooperatives is being granted $1,000,000 in financial assistance in the form of a non-repayable contribution. The funding is being awarded under CED's Quebec Economic Development Program (QEDP) and focuses on promotional activities outside of Quebec, logistics and technical services.

Quotes

"In addition to international outreach, this major event will generate significant economic benefits for Québec City and position it once again as a prime location for hosting successful world summits. I would like to acknowledge the excellent work of the organizing committee and the numerous volunteers. I wish the participants every success and highly productive discussions."

The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development

"Canada is leading the way, with around 10,000 cooperative and mutual enterprises in various industry sectors. The Summit will raise awareness about the power of cooperatives to act and the substantial local, national and international benefits they generate. This will also be an opportunity to highlight how their power to act helps resolve major global issues."

The Honourable Navdeep Bains, Minister responsible for CED

CED is one of the six regional development agencies under the responsibility of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.

Related links

For more information on the QEDP: http://www.dec-ced.gc.ca/eng/programs/qedp/index.html

2016 Summit website: https://www.sommetinter.coop/en

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