Le Lézard
Classified in: Business
Subjects: NPT, SRI

Fonds d'initiatives nordiques - $766,000 To Support Ten Projects in Nord-du-Québec


QUÉBEC, Nov. 11, 2021 /CNW Telbec/ - Ten projects from the Nord-du-Québec region have been selected as part of the Fonds d'initiatives nordiques. In total, over $1,57 million will be granted to fund the selected projects that involve a wide variety of fields such as education, agriculture, and tourism.

Today, Mr. Jonatan Julien, Minister of Energy and Natural Resources and Minister responsible for the Côte-Nord and Gaspésie?Îles-de-la-Madeleine regions, announced $765,895 in funding to support these ten selected projects. In total, thirty-two initiatives from Québec's territory north of the 49e parallel will be supported.

Eight projects originating from Nord-du-Québec fall under FIN's Section A and thus focus on promoting the development of northern communities and conserving the environment. Amongst these initiatives, seven originate from the Eeyou Istchee Baie-James territory and one from Nunavik. The two last projects from the Eeyou Istchee Baie-James territory are more entrepreneurial in spirit and are listed under Section B.

FIN is a financial assistance program that aims at meeting Nordic communities' priority needs in real-time, as featured in the gouvernement du Québec's Northern Action Plan (NAP). A total of $11 million has been allocated to this program. The SPN, which coordinates the 20-23 NAP implementation, is the lead agency for this program.

Quotes :

"The 2020-2023 Northern Action Plan has already had a positive impact on the Nord-du-Québec region's vitality, and promoters remain committed to getting the job done. The ten selected projects will undoubtedly contribute to this momentum. An economic impact estimated at $1,57 is projected in Eeyou Istchee Baie-James and Nunavik. These are the tangible results projected by our Northern Action Plan."

Jonatan Julien, Minister of Energy and Natural Resources and Minister responsible for the Côte-Nord Region and the Gaspésie?Îles-de-la-Madeleine Region

"I am happy to see today that the 2020-2023 Northern Action Plan has already had positive impacts on the vitality of the Nord-du-Québec region. Thanks to the Fonds d'initiatives nordiques, managed by the Société du Plan Nord, nine diversified projects will improve the quality of life of the inhabitants of this beautiful territory by creating economic opportunities and better connecting the communities with the rest of Quebec. It is excellent news!"

Pierre Dufour, Minister of Forests, Wildlife and Parks and Minister Responsible for the Abitibi-Témiscamingue Region and the Nord-du-Québec Region

"The great diversity of the selected projects funded by the Fonds d'initiatives nordiques demonstrate the vitality and economic diversity of the Nord-du-Québec region. This support will make it possible to uphold innovative projects that will benefit the entire area concretely." 

Denis Lamothe, Ungava MLA and Parliamentary Assistant to the Minister Responsible for Indigenous Affairs and to the Minister of Forests, Wildlife and Parks

Highlights :

Eeyou Istchee Baie-James initiatives selected under FIN's Section A, "Community Development and Environmental Conservation":

Eeyou Istchee Baie-James initiatives selected under FIN's Section B, "Entrepreneurial Initiatives":

Nunavik initiatives selected under FIN's Section A, "Community Development and Environmental Conservation":

Related links : 

See the complete list of selected northern initiatives.

Read the complete version of the 2020-2023 Northern Action Plan on SPN's website: plannord.gouv.qc.ca.

Follow the 20-23 NAP rollout on Twitter: @plannord.

SOURCE Société du Plan Nord


These press releases may also interest you

at 19:45
SJW Group today reported financial results for the first quarter ended March 31, 2024. "We are pleased with our financial results for the quarter, which demonstrate the strength of our local water operations and the continued successful execution...

at 19:45
Viomi Technology Co., Ltd ("Viomi" or the "Company") , a leading IoT @ Home technology company in China, today announced that the Company has filed its annual report on Form 20-F for the full year ended December 31, 2023 with the U.S. Securities and...

at 19:43
Pacific West Bancorp, the holding company of Pacific West Bank ("PWB"), today announced a first quarter net loss of ($251) thousand or ($0.09) per diluted share....

at 19:40
BBB Foods Inc. ("Tiendas 3B" or the "Company") , a leading grocery hard discounter in Mexico, announced today its consolidated results for the fourth quarter of 2023 (4Q23) and full fiscal year 2023 ended December 31, 2023. The figures presented in...

at 19:35
Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press release dated October 18, 2023, it has...

at 19:30
Results  For the year ended January 31, 2024, the Company's revenues decreased by $139,027,000 to $578,945,000 compared to $717,972,000 recorded for the year ended January 31, 2023, a decrease of 19.4%. This decrease is mainly explained by the...



News published on and distributed by: