Three concrete measures
to support Québec businesses
March 11, 2003 - In
tabling the 2003-2004 Budget before the National Assembly,
Deputy Prime Minister and Minister of Finance, the Economy
and Research Pauline Marois announced the launching of the
Québec Export Development Strategy, the Cooperative
Development Policy and the Action Plan for the Development
of Enterprises in the Social Economy.
initiatives all have the same goal: to foster investment by
Québec businesses, help them meet the challenges of
the 21st century and create jobs.
Export Development Strategy
exports represent an extremely valuable lever for economic
development and because Québec businesses generally
succeed in penetrating international markets-often a risky
ordeal-the government is stepping up its support of Québec
businesses in their efforts to increase their exports and
thereby create jobs.
out of four jobs in Québec is directly or indirectly
related to exports; in the manufacturing sector, it is nearly
three out of four jobs.
Québec government will therefore allocate another $61
million over the next three years to encourage more Québec
businesses to move into the international marketplace. The
Québec Export Development Strategy confirms the government's
intent to substantially change its way of supporting exporters.
Through continuous support services tailored to businesses'
needs, an enhanced government service supply and the establishment
of an export network, the strategy will significantly bolster
Québec, non-financial cooperatives account for 35 000
jobs, which have the merit of being largely concentrated in
outlying regions. The government today wants to give new impetus
to this sector, which generates jobs and solidarity throughout
new policy for the development of cooperatives, long awaited
by the cooperative sector and socioeconomic partners, officially
recognizes the special contribution these enterprises make
to Québec's economic and social development.
commits the Québec government to supporting cooperatives
so that they can make a greater contribution to job creation
and wealth. The reasons are threefold:
help create jobs and generate major economic spinoffs in
all regions of Québec;
number of employees rose by 46% between 1995 and 2000;
promote community cohesion by maintaining vital local services.
total of $20 million will be devoted to implementing this
policy over the next three years.
Plan for the Development of Enterprises in the Social Economy
special support provided to enterprises in the social economy
in the past few years is yielding spectacular results. The
Québec model is today setting an example on the world
stage. The social economy sector contributes substantially
to Québec's development, accounting for close to 2%
of our GDP and employing over 65 000 people. The bold action
plan adopted by the government will enable it to pursue its
efforts in support of social economy enterprises, which operate
in a multitude of fields.
in the personal services sector or the agri-food, forestry,
culture and social tourism industries, the social economy
is one of the most valuable assets of our society. The government's
action plan supports the development of this sector through
an injection of $20 million over three years.