LAC-MEGANTIC…FIVE YEARS LATER

SPECIAL INTERVIEW: LAC-MÉGANTIC…FIVE YEARS LATER

INTERVIEW WITH GINETTE ISABEL, EXECUTIVE DIRECTOR OF SADC DE LA RÉGION DE MÉGANTIC


On July 6, 2013, an unprecedented train wreck rocked the town of Lac-Mégantic. A massive explosion and fire destroyed the downtown, killing 47 people, more than half of them under the age of 40. The Lac-Mégantic region was a model for the coordination of economic development stakeholders, with one of the most beautiful and vibrant downtowns in Quebec.

 

Réseau –  Ginette, the SADC played a major role in the aftermath of the disaster. Looking back, what were the most difficult moments?

G.I. –  After making sure that my family, board members and team members were all still alive, the most difficult thing was how totally disorganized everything was. The SADC had lost everything and didn’t have the tools to help people. The feeling of powerlessness was overwhelming, and we at the SADC quickly got to work in order to reassure those most affected by showing them a semblance of normalcy.

Réseau – Your region was famous for how well-coordinated stakeholders were. How is it now?

G.I. – In the first few months, all the organizations instinctively formed a united front. We got together every morning to coordinate our actions and share tasks. This is what helped us get through it all. After Mayor Laroche left, the municipal council changed. There wasn’t enough time to consult the organizations, and they made some controversial decisions. During this time, the organizations felt the need to stand out again and act more individually. This was a difficult time. It became clear that collaboration had broken down. There’s more of it now, however. People want to feel that unity again.

Réseau – After five years, what are the most significant consequences?

G.I. – How people are still feeling vulnerable, which makes them insecure and afraid of investing and getting involved. Then there’s the loss of our downtown, which we prided ourselves on. Two weeks before the tragedy, I had reviewed our facade renovation program and was happy to say that there were only three buildings left to redo… None of the downtown buildings withstood it. Both residents and tourists say that we have lost our soul. They are disappointed that the new buildings don’t have the same charm. I wouldn’t have believed it could affect us so much.

Réseau – Were there any positives in all these events?

G.I. – Of course! Definitely the most significant is how many of Lac-Mégantic’s young people have returned. They felt the sense of urgency and wanted to help. As well, the media coverage in the first few months helped us raise several million dollars to aid the victims. And I want to acknowledge Canada Economic Development (CED), which has provided exceptional financial assistance and technical support. The $5 million in recovery funds for Lac-Mégantic enabled us to help businesses relocate, and there will soon be new buildings on Frontenac Street thanks to this funding.

Réseau – How is the region’s economy doing these days ?

G.I. –The commercial sector is still struggling, as it was the most affected, but the industrial sector is doing well. CED also supported them. Although it was previously thought that everything would be done in three years, it will take at least ten years to rebuild Lac-Mégantic.

Réseau – Ginette, you are going to be leaving the SADC in a few months. What gives you hope and pride with regard to these events?

G.I. –The removal of the railway will be a fantastic opportunity to redevelop the town centre so that it regains some of its charm. My greatest sources of pride are having really made a difference for the victims and a sense of accomplishment.

 

Papineau Street, Photo credit: Claude Grenier

NEW FINANCIAL CONTRIBUTION TO SUPPORT FEMALE AND INDIGENOUS ENTREPRENEURS

NEW FINANCIAL CONTRIBUTION TO SUPPORT FEMALE AND INDIGENOUS ENTREPRENEURS

 

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LAUNCH OF THE CARBON CREDIT PROJECT FOR SMALL BUSINESSES

 QUÉBEC, December 2, 2017 – The Réseau des SADC (Société d’aide au développement des collectivités) et CAE (Centre d’aide aux entreprises) is proud to launch its new Carbon Credit pilot project today, which aims to provide access to the carbon credit market to approximately 150 regional small businesses.

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PORTRAIT OF YOUNG ENTREPRENEURS IN QUEBEC

HISTORY OF THE YOUTH STRATEGY

Our youth strategy is celebrating its 20th anniversary this year. Let’s use this opportunity to take a long look back at the past and rebember how this wonderful adventure started…

 

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A new initiative to help businesses face economic challenges

BATISCAN, Mauricie, October 11, 2016 – The Réseau des SADC et CAE is proud of the announcement made today by François-Philippe Champagne, Parliamentary Secretary to the Minister of Finance and Member of Parliament for Saint-Maurice–Champlain, on behalf of the Minister of Innovation, Science and Economic Development, the Honourable Navdeep Bains, who is also the Minister responsible for Canada Economic Development for Quebec Regions (CED), of the implementation of the new Small Business Support initiative.

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SADC and CAE receive $86M for the regions of Quebec

Luskville, Pontiac, July 19, 2016 – The Réseau des SADC et CAE is very pleased with the announcement made today by Mr. Greg Fergus, Parliamentary Secretary to the Minister of Innovation, Science and Economic Development, Mr. Navdeep Bains, who is also the Minister responsible for the Canada Economic Development for the Regions of Quebec (CED), of the signing of a new three-year agreement between SADC (Community Futures Development Corporations) and CAE (Community Business Development Corporations) of Quebec.

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A fifth study from Statistics Canada reaffirms that SADCs and CAEs propel businesses

Québec, February 4, 2016 Businesses that work with SADCs or CAEs in Quebec have better survival rates, create many more jobs, and more rapidly increase their payroll and sales, even during periods of economic crisis. This is confirmed by the fifth study from Statistics Canada on the performance of the Community Futures Program (CFP), delivered by SADCs and CAEs in Quebec.

STUDY HIGHLIGHTS

Every year, since 2011, at the request of Canada Economic Development for Quebec Regions, Statistics Canada compares various indicators of a group of SADC and CAE business clients with a control group of similar businesses that have not used their services. Each year, approximately 4,000 cases of businesses with fewer than 100 employees are handled. These businesses hail from several industries, primarily manufacturing, construction, retail (services) and wholesale trade.

Note that the positive effect of SADCs and CAEs is even greater in businesses with fewer than 20 employees.

Here are the main results:

  • Improved business survival rate: 76% after five years of existence, compared to 50% for those in the control group.
  • Increased job creation: average increase of 2.6% per year compared to 0.2% in the control group. In businesses with fewer than 20 employees, the average increase is 5.8% compared to 0.5%.
  • More rapid increase in sales: 5.9% annual sales increase compared to 3.7% for the control group.
  • More rapid progression of businesses’ payroll: 6.3% per year on average compared to 3.7% for businesses in the control group. In businesses with fewer than 20 employees, the rate is 9.7% compared to 4% for businesses in the control group.

Daniel Dumas, President of the Réseau des SADC et CAE, is proud of the consistency of the results: “The data shows that our organizations improve business performance. Personalized and professional support from SADC and CAE professionals, combined with financing, encourages the development of strong and sustainable businesses in Quebec’s regions and, as a result, creates jobs.”

Several entrepreneurs testify to the importance of SADCs or CAEs in the success of their projects. One of them is Matthieu Girard, owner of the computer service business MJS Inc., from Saint-Hilarion: “The SADC Charlevoix, Côte-de-Beaupré, Île-d’Orléans enabled us to double our sales. SADCs are the best help for businesses. They help entrepreneurs set their ideas in motion, create high-quality jobs and be much more competitive.”