Bibby Finance Bibby Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly equipment news

Construction News

Wed April 25 2018

Related Information
Related Information
Related Information
Related Information

News » Canada » Funding announced for Club Med resort in Quebec » published 2 Nov 2017

Funding announced for Club Med resort in Quebec

The government of Canada is providing repayable financial assistance to enable construction of the first Club Med resort in North America.

Jean-Yves Duclos Above: Jean-Yves Duclos

Work on Le Massif de Charlevoix Hotel Complex in Quebec will be able to go ahead following the provision of CA$9,850,000 in funding.

The repayable contribution will be used for the construction and development of the resort at the foot of the Le Massif ski hill in the Charlevoix region.

The mission of the recently incorporated Le Massif de Charlevoix Hotel Complex (CMC) is to oversee the setting up of the resort. It has two major private partners: Groupe Le Massif and Club Med. The funding provided under CED's Quebec Economic Development Program (QEDP) will allow the CMC to build a 300‑room hotel.

"CED's funding will help the Le Massif de Charlevoix Hotel Complex develop and better showcase the attractions of Le Massif in the Charlevoix region, thus attracting thousands of visitors to the region,” said minister of families, children and social development Jean-Yves Duclos. “Through this support, the Government of Canada is reaffirming its commitment to promote Quebec's tourism regions, which has a positive impact on the local economy.”

Minister of international trade François-Philippe Champagne added: “The Government of Canada wholeheartedly supports projects that have a positive impact on tourism and the local economy. By providing funding for the Le Massif de Charlevoix Hotel Complex, we are helping to strengthen the vitality, dynamism and reach of our communities, while boosting economic activity.”

 

MPU

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Equipment News, & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 2 Nov 2017 (last updated on 2 Nov 2017).

More News Channels