Government of Canada adopts new policy on non-profit organization funding to stimulate the Quebec economy

March 19, 2009No Comments

March 18, 2009 – Government of Canada adopts new policy on non-profit organization funding to stimulate the Quebec economy

In its efforts to help small and medium-sized enterprises (SMEs) and the regions weather the recession, Canada Economic Development has revised its policy respecting economic NPOs for the next two years. As such, these organizations whose projects meet the needs of Quebec SMEs and communities will now be able to submit an application for funding, including NPOs which have a transitional agreement with Canada Economic Development. Projects will be assessed on the basis of their individual merit; they will have to be in line with Government of Canada priorities and enjoy the support of the community. To ensure the sound management of public funds, the Government of Canada wants the projects selected to produce concrete results that will benefit Quebec’s enterprises and regions.

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