Canada Financial Improvement for Quebec Areas (CED)

A key driver of the economic system, the Canadian tourism trade generated greater than $100 billion in annual revenues earlier than being hit laborious by the pandemic. That’s the reason the Authorities of Canada launched the Tourism Reduction Fund (TRF), a $500M pan‑Canadian initiative to assist companies and organizations on this sector overcome the impacts of the pandemic and place themselves for the longer term. The initiative, administered by CED in Quebec, ended on March 31, 2023.

At present, the Honourable François‑Philippe Champagne, Member of Parliament for Saint‑Maurice-Champlain and Minister of Innovation, Science and Trade, introduced, on behalf of the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister liable for CED, a complete of $617,314 in monetary contributions for 5 La Tuque tourism organizations which have acquired CED assist underneath the TRF.

The recipient organizations are Les Habitations Mercier, the Pourvoirie Marmette-sur-le-Gouin, Méandre Haute Mauricie, the Pourvoiries du Barrage Gouin et du Magnan, and Aviation 2000. This announcement follows a sequence of strategic investments made by CED underneath this initiative; a report on the TRF was unveiled on June 28, 2023.