4:1 re­turn

The Glengarry News - - The Opinion Page -

The Con­fer­ence Board of Canada re­ports that for each $1 lent by Com­mu­nity Fu­tures De­vel­op­ment Cor­po­ra­tions, real GDP is lifted by $4.50.

“The key to this pro­gram has al­ways been its grass­roots fo­cus,” said Les­ley Lang, the Ex­ec­u­tive Di­rec­tor of the Corn­wall and The Coun­ties CFDC. “When the vol­un­teers and staff see, ev­ery day, the pos­i­tive im­pact our loans have on our busi­nesses and when we hear that our neigh­bours are thriv­ing, it drives us to push for­ward” and con­firms the ben­e­fits of the pro­gram.

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