Highlights: 20 years of FRS achievements
Québec City
- 85 files
- Investments of $60 million
- 4,100 jobs created, maintained or protected
Chaudière-Appalaches
- 60 files
- Investments of $36.5 million
- 2,300 jobs created, maintained or protected
Québec City, February 10, 2017 – On tour in the region to mark the 20th anniversary of the Fonds régionaux de solidarité FTQ (FRS), Gaétan Morin, President and Chief Executive Officer of the Fonds de solidarité FTQ, and Luc Pinard, President and Chief Executive Officer of the FRS, recapped the organization’s investments in the Québec City and Chaudière-Appalaches regions. Also on hand for the occasion was Jean Roy, Regional Director of the Québec City and Chaudière-Appalaches FRS.
Quotes
“Our FRS offices in Québec City and Lévis are staffed with professionals who understand the economic reality and challenges facing the region. Together, we will continue working with the experts at the Fonds and Fonds immobilier, as well as with all the economic actors, to back our entrepreneurs’ projects. One of the greatest challenges facing our region today is business succession and transfer.”
Jean Roy
Regional Director - Fonds régionaux de solidarité FTQ
“The Fonds régionaux de solidarité FTQ network emerged in 1996 from the desire to provide Québec with a regional development tool. The results of the first 20 years attest to the relevance of the regional funds and make us optimistic and enthusiastic about the next 20 years in Québec City and Chaudière-Appalaches.”
Luc Pinard
President and Chief Executive Officer - Fonds régionaux de solidarité FTQ
“The 16 offices of the Fonds régionaux de solidarité FTQ across Québec were set up so we could be close to our local entrepreneurs and economic actors. In particular, this presence encourages innovation in small businesses so they can become leaders down the road.”
Gaétan Morin
President and Chief Executive Officer - Fonds de solidarité FTQ
Quality jobs in the region
A recent study by KPMG measured the impact of the investments made by the Fonds de solidarité FTQ and the Fonds régionaux. The study shows, in particular, that the average salary at partner companies of the Fonds and the Fonds régionaux in the Québec City region is 20% higher than the regional average ($47,302 versus $39,334). In Chaudière-Appalaches, workers earn 25% more than the regional average ($45,512 versus $36,328).
A summary of the KPMG study for the Québec City and Chaudière-Appalaches regions is available here.
The Fonds régionaux de solidarité FTQ have been helping to further regional economic development in Québec for 20 years. An integral part of the Fonds de solidarité FTQ network, the Fonds régionaux have invested $635 million in 1,040 projects since their inception in 1996, helping to create, maintain or protect nearly 37,000 jobs. www.fondsreg.com
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Information:
Press contact
Patrick McQuilken
Fonds de solidarité FTQ
Telephone: 514 850-4835
Mobile: 514 703-5587
Email: pmcquilken@fondsftq.com