SADC + CAE : Stories that count.
Financially contribute to over 1 000 local economic development projects
Provide services to more than 10 000 businesses
Create 3 700 new jobs and maintain another 22 500
Make it possible to generate almost 6 $ for every dollar invested
Grant an average of 1 300 loans
Improved business survival rates
77% after five years of existence, compared to 53% for those in the control group.
Increased job creation
average increase of 3.2% per year compared to 1.3% in the control group.
More rapid increase in sales
5.2% annual sales increase compared to 3.14% for the control group.
More rapid progression of businesses’ payroll
7.2% annual sales increase compared to 2.9% for the control group.
This data is sourced form Statistique Canada, comparing businesses that have been helped by a SADC or CAE versus others that haven’t.
Since the beginning of the COVID-19 crisis, the Fonds d’aide et de relance régionale (FARR) helped more than 6000 businesses and more than 300 projects. All in all, it represents more than 110 M $ that have been invested in businesses and their communities.
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