J.D. Potié
PONTIAC June 20, 2019
On June 20, Pontiac MP Will Amos announced, on behalf of federal Minister of Innovation, Science and Economic Development Navdeep Bains, that the federal government would be allocating $7.3 million to Pontiac, Papineau and Valée-de-la-Gatineau Community Futures Development Corporations (SADC).
According to a press release issued by SADC Outaouais, the agreement includes a five-year deal between the three organizations, in addition to the sum of money with the purpose of encouraging them to pursue their mandate, improve their services and satisfy the needs of their respective communities.
Each sum was allocated in accordance to each region’s socioeconomic status and prospect for economic growth.
Out of the total amount allotted, the SADC Pontiac will receive a share of $2,328,666, while the SADC Papineau will receive $2,678,666 and the SADC Valee-de-la-Gatineau will get $2,332,391.
After signing the deal, Amos was certainly satisfied with the accomplishment, dubbing economic development in each of those regions of great importance to the federal government.
“I am proud that the Government of Canada is investing millions of dollars in support of local [small and medium enterprises] and entrepreneurs, since they are the drivers of economic growth in the RCM’s of Pontiac, Valée-de-la-Gatineau, Papineau and Collines-de-l’Outaouais. The economic development of the regions is a priority for the Government of Canada and today’s announcement clearly demonstrates it.”
