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Home Economy

A key sector in planning Laurentides region’s economic recovery

by Trading How
January 18, 2021
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A key sector in planning Laurentides region’s economic recovery
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Canada Financial Improvement for Quebec Areas grants $2.5M to assist Municipalité du Village de Grenville put money into its amenities.

GRENVILLE, QC, Jan. 18, 2021 /CNW Telbec/ – Canada Economic Development for Quebec Regions (CED)

World wide, tourism was one of many first industries affected by the pandemic; it’s going to even be one of many final to have the ability to return to full working order. A pillar of the Canadian economic system that generates $102 billion a yr and represents 4% of all jobs (or the equal of 1.8 million staff), tourism is a serious vector to diversify and develop the economic system.

Entrepreneurs on this sector— composed largely of SMEs—have demonstrated resiliency, creativity and flexibility because the disaster started. To assist them, the Authorities of Canada, by means of Canada Financial Improvement for Quebec Areas (CED), is signalling its presence with an funding of $2.5M to spice up tourism in Grenville.

Investing in tourism points of interest in Laurentides area

As soon as situations are beneficial, the nation’s financial restoration can solely occur with the assist of the tourism sector. To be able to welcome vacationers, we should proceed to put money into regional points of interest and institutions. With this in thoughts, the Honourable Mélanie Joly, Minister of Financial Improvement and Official Languages, accompanied by Stéphane Lauzon, Member of Parliament for Argenteuil–La Petite-Nation and Parliamentary Secretary to the Minister of Seniors, at this time introduced Authorities of Canada monetary assist for the Municipalité du Village de Grenville. The help supplied by CED by means of the Quebec Financial Improvement Program will allow the municipality to restore the Grenville canal and create a multifunctional public area to boost the location’s attractiveness for leisure and tourism actions. The mission will result in the creation of 5 jobs.

Serving to tourism organizations make it by means of the disaster

Because the begin of the disaster, the Authorities of Canada has been supporting organizations within the tourism trade, together with by means of the Regional Reduction and Restoration Fund (RRRF), deployed in Quebec by CED and its collaborators. As a reminder, the RRRF has made it attainable to offer funding and technical assist to companies and organizations to assist them preserve their actions. On this approach, with the assistance of Sociétés d’aide au développement des collectivités (SADCs), Centres d’aide aux entreprises (CAEs) and PME MTL, 1167 organizations in Quebec’s tourism sector have obtained contributions by means of the RRRF totalling over $44 million. Due to this measure, some 9400 jobs have been maintained.

The tourism trade, which performs a vital function within the financial, social and cultural lifetime of communities, represents a necessary hyperlink in regional financial improvement. Via this assist, the Authorities of Canada is testifying to its dedication to arrange the sector for after the pandemic with a view to rebuilding a stronger, extra resilient and extra simply economic system for all.

Quotes

“The tourism trade has been hit laborious by the pandemic, and the Authorities of Canada is dedicated to accompanying key gamers as they put together to rebound vigorously after the financial disaster. We have now been right here because the begin of this unprecedented scenario, with concrete measures, and we will probably be right here to assist tourism because the well being scenario evolves. We should plan the financial restoration, which may solely occur with the contribution of gamers within the tourism neighborhood, in order that we will get off to a brand new begin collectively and be stronger and extra resilient.”

The Honourable Mélanie Joly, Member of Parliament for Ahuntsic-Cartierville, Minister of Financial Improvement and Official Languages and Minister answerable for CED

“The CED help introduced at this time highlights our willingness to assist the tourism trade and our dedication to Canadian companies, organizations and residents in these tough instances. The monetary contribution granted to the Municipalité du Ville de Grenville is superb information for the Laurentides area and its attractiveness. Due to Authorities of Canada investments within the tourism trade, we’re guaranteeing we will probably be able to obtain vacationers from dwelling, after which from all over the world!”

Stéphane Lauzon, Member of Parliament for Argenteuil–La Petite-Nation and Parliamentary Secretary to the Minister of Seniors

“I want to spotlight CED’s wonderful partnership and involvement with Tourisme Laurentides and tourism companies in our area. I salute the contribution being introduced by the Honourable Mélanie Joly to showcase this historic heritage attraction following the initiative of the Municipalité du Village de Grenville. With tourism as a serious engine for financial improvement within the Laurentides, the third largest tourism area in Quebec after Montréal and Québec, these investments will assist improve our regional tourism providing, particularly within the present context and within the spirit of kickstarting our economic system.”

François Peloquin, President, Tourisme Laurentides

“I sincerely thank the Authorities of Canada for this announcement. Due to this help of $2.5M, mixed with provincial assist in the identical quantity, the municipality will lastly be capable to notice the mission to rehabilitate the canal, evaluated at $5M. This mission—which primarily entails repairing and strengthening the canal’s retaining partitions and including loading docks and a promenade—will turn out to be a leisure and tourism attraction centred round navigation, biking tourism and the historic interpretation of this jewel of our heritage.”

Pierre Thauvette, Mayor, Municipalité du Village de Grenville

Fast details

  • CED is a key federal accomplice in Quebec’s regional financial improvement. With its 12 enterprise places of work, CED is current to accompany Quebec companies, supporting organizations and areas into tomorrow’s economic system.
  • The Honourable Mélanie Joly, Minister of Financial Improvement and Official Languages, is the minister answerable for the six regional improvement businesses (RDAs), together with CED.
  • Recognizing the significance of the Regional Reduction and Restoration Fund (RRRF) in supporting native tourism companies, the Authorities of Canada proposed as a part of the Fall Financial Assertion (November 2020) a further $500 million for RDAs.
  • Whole funding for the RRRF sits at over $2 billion, and not less than 25% of this quantity will probably be granted to spice up native tourism companies, representing over $500 million in assist to kickstart tourism by June 2021.

Related hyperlinks

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SOURCE Canada Financial Improvement for Quebec Areas

For additional info: Media Relations, Canada Financial Improvement for Quebec Areas, [email protected]; Catherine Mounier-Desrochers, Press Secretary, Workplace of the Minister of Financial Improvement and Official Languages, [email protected]



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