… from CCED Network…
Quebec’s Minister of Finance, Carlos Leitão, presented the 2015-16 budget on March 26th. Some of the most significant positive measures include:
- The $20M addition to the Programme d’infrastructure en entrepreneuriat collectif (PIEC) [Collective entrepreneurship infrastructure program];
- The $10M recapitalization of Réseau d’investissement social du Québec (RISQ);
- A $30M budget to relaunch Investissement Quebec’s program to stimulate the capitalization of social economy enterprises;
- $10M over five years for an action plan for seniors and persons in loss of autonomy as well as the renewal of the Financial Assistance Program for Domestic Help Services (PEFSAD);
- $3.5M over five years to support innovation and the development of markets, and the confirmation of funding for five years of the liaison and transfer organization, Territoires innovants en économie sociale et solidaire (TIESS);
- A $1M fund over five years to support workers in their process to create worker cooperatives in the context of business reactivation;
- $29M over five years for various grassroots organizations that work to support the development of social economy enterprises, especially in rural and remote regions.