Strong­est job growth in bor­der re­gion

Stanstead Journal - - FROM PAGE ONE - Vic­to­ria Vanier

Dur­ing its an­nual gen­eral as­sem­bly which took place on April 2nd, the CLD pre­sented its an­nual re­port and pro­ceeded with the pub­li­ca­tion of its new edi­tion of its reper­toire of in­dus­trial en­ter­prises.

“Glob­ally, we can draw up a pos­i­tive re­port of the last year for the econ­omy of Mem­phrem­a­gog. Ac­cord­ing to the num­bers sup­plied by Em­ploi-Que­bec, we note a growth of more than 800 jobs in the re­gion as well as an in­crease of al­most one hun­dred en­ter­prises,” com­mented Vicki May Hamm, the pres­i­dent of the Mem­phrem­a­gog MRC’s CLD. Other businesses showed signs of ex­pan­sion in an­nounc­ing large in­vest­ment projects while oth­ers had new con­struc­tions to con­tinue their growth.

For a sec­ond year, the CLD held the L’OEil de Mem­phré ini­tia­tive, re­sult­ing in six­teen projects be­ing pre­sented to the

panel of ex­perts, rep­re­sent­ing a po­ten­tial in­vest­ment of al­most $10 mil­lion in the re­gion. The CLD gave out $534,000 to twenty projects, one hun­dred and forty-five ex­ist­ing en­ter­prises were ac­com­pa­nied for projects of all kinds, and sup­port was given to one hun­dred and three start-ups, thirty-four of which came to fruition in 2013. Twenty-five in­for­ma­tion meet­ings were of­fered to ex­plain the dif­fer­ent ser­vices avail­able to en­trepreneurs, at­tract­ing 194 par­tic­i­pants.

When it comes to tourism, the CLD cel­e­brated the 1st an­niver­sary of the new tourist in­for­ma­tion of­fice, in Ma­gog. In 2013, it re­ceived 52,470 vis­i­tors, up 59% from the pre­vi­ous year. The CLD com­mit­ted re­sources to de­velop cor­po­rate, sport and cul­tural mar­kets, no­tably by in­creas­ing rep­re­sen­ta­tions at con­gresses and sa­lons as well as tak­ing part in about thirty sport­ing ac­tiv­i­ties. Four so­cial econ­omy projects were fi­nanced by the CLD for a to­tal of $65,000 and on May 22nd, 2013, the 5th edi­tion of the Fo­rum citoyen d’economie so­ciale took place.

The CLD pro­vided this por­trait of the in­dus­trial sec­tor: there are 173 man­u­fac­tur­ing en­ter­prises on the ter­ri­tory, em­ploy­ing 4,015 people; of that num­ber, close to 61% of those people work in 98 en­ter­prises on the Ma­gog-Or­ford ter­ri­tory; the sec­tor that had the strong­est growth when it comes to em­ploy­ment was the bor­der re­gion with the cre­ation of 53 jobs, an in­crease of 8%; 44% of all in­dus­trial jobs on the ter­ri­tory are con­cen­trated in businesses with more than 100 em­ploy­ees.

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