Mid-term Evaluation of the Canadian Initiative for the Economic Diversification of Communities Reliant on Chrysotile: Summary

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About this publication

Publication author : Canada Economic Development for Quebec Regions

ISBN number : 978-0-660-24705-2

Catalog number : Iu90-4/58-1-2018E-PDF

Publish date : March 7, 2018

Summary : This report presents an overview of the results described in Mid-term Evaluation of the Canadian Initiative for the Economic Diversification of Communities Reliant on Chrysotile.

Table of Contents

  1. Objective of the Initiative
  2. The Initiative’s Highlights
  3. About the Evaluation
  4. What the Evaluation Highlighted
  5. Recommendations (as agreed upon by management)

Objective of the Initiative

To support communities in the Des Sources and Des Appalaches Regional County Municipality in their economic transition through the creation and strengthening of businesses.

The Initiative’s Highlights

  • $50 million budget.
  • Two components : i) Financial assistance to economic development projects, and ii) Financial assistance to public infrastructure projects.
  • As of March 31st, 2016 :
    • 33 projects approved
    • $23.1 million in grants and contributions were awarded
    • 19 SMEs et 14 NPOs assisted
    • $5.1 million investment for the creation of a new venture capital funds for businesses in the Des Appalaches Regional County Municipality.

About the Evaluation

What the Evaluation Highlighted

Recommendations (as agreed upon by management)

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