Every year, Quebec’s 67 SADCs and CAEs:
- 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 22,500
- Make it possible to generate almost $6 for every dollar invested
- Grant an average of 1,300 loans
- Invest $10.5 million to provide jobs for youth
A fifth study from Statistics Canada reaffirms that SADCs and CAEs propel businesses
- Improved business survival rate: 87% after five years of existence, compared to 53% for those in the control group.
- Increased job creation: average increase of 3.3% 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: 4.9% per year on average compared to 2.9% for businesses in the control group.
- 96% of businesses were satisfied with SADC and CAE advisors.
- 85% of SADC and CAE clientele were completely satisfied with the services received.
- 94% of the young people supported by a SADC or CAE stated that their project encouraged them to settle in the region.
Since 1997, The Youth Strategy
- 31,775 jobs created and maintained
- 9,000 projects funded, 44% of which were business start-ups
- $115 million in loans handed out, with an average loan of $12,385
- In 20 years, the Student Job Initiative has contributed to the hiring of close to 2,066 students in the regions of Quebec.
- 56% of youth hired through this initiative are studying outside their region and come back to their region to work as part of the Student Job Initiative.
- 78% state that their work experience at the SADC or CAE encouraged them to remain in or return to their community.
- Close to 50% of the students’ work consists of local development activities.
The SADC and CAE have been working for more than 35 years for the economic development of the regions of Quebec.
More than 1,400 professionals and volunteers support innovative projects and businesses for thriving communities.