Le Lézard
Classified in: Business
Subjects: ECO, CPG

Northern Action Plan - Approximately $14.5 million for 11 major projects in Northern Quebec


QUÉBEC, April 14, 2023 /CNW/ - Eleven major projects in Northern Quebec will benefit from an overall support of $14.5 million from the Northern Action Plan's Opportunity Budget. The selected projects represent a total investment of over $61.5 million.

Jean Boulet, Minister of Employment and Minister responsible for the Nord-du-Québec region made the announcement today on behalf of Maïté Blanchette Vézina, Minister of Natural Resources and Forestry and Minister responsible for the Société du Plan Nord.

Of the 34 projects selected, 19 are also from the Côte-Nord, and four are from the northern part of Saguenay-Lac-Saint-Jean.

The Société du Plan Nord has created the 2020 Opportunity Budget as part of the Northern Action Plan (NAP). This new financial mechanism aims to support major projects that meet northern communities' priorities that arise during implementation. These projects are consistent with one of the NAP's orientations, i.e. optimized access to the northern territory, a robust, diversified economic fabric, an attractive, dynamic living environment, and a northern environment to be preserved.

The Opportunity Budget call for projects was launched in April 2021 and closed on May 27th, 2022.

Quotes:

« The SPN-managed Opportunity Budget will make a difference in many Nord-du-Québec communities. This financial tool has allowed nine major projects to go forward in Eeyou Istchee Baie-James and five in Nunavik. This investment of $18.7 million represents $86.5 million in economic returns in the Nord-du-Québec region. It's excellent news! »

Maïté Blanchette Vézina, Minister of Natural Resources and Forests and Minister Responsible for the Société du Plan Nord

« I am delighted that the government has granted nearly $14.5 million for projects in the Nord-du-Québec region. I want to salute organizations and entrepreneurs for their hard work and vitality. Fundamental initiatives such as these are essential to move the region forward and improve its residents' quality of life. And government investments are crucial to achieving these goals. »

Jean Boulet, Minister of Employment and Minister responsible for the Nord-du-Québec region

« These investment announcements in Ungava are welcome news. With this contribution, the gouvernement du Québec is reaffirming its commitment to Northern Quebec residents. I want to thank my colleague, Minister Maïté Blanchette Vézina, for this much-appreciated assistance. »

Denis Lamothe, Member of the National Assembly for Ungava

Highlights

Selected projects and the amount granted

Related links: 

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SOURCE Société du Plan Nord


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