The Conference Board of Canada has released a new report on the positive effect Community Futures Development Corporations have on the economy.
It is called “More Bang For The Buck” and promotes the work of the CFDC’s, including the Prince Edward Lennox and Addington branch.
Craig Desjardins is the the Executive Director for the PELA CDFC and says at the heart of the report is the impact on the nation’s Gross Domestic Product.
Between 2009 and 2014, PELA has lent out $11.4 million, which means the GDP impact is $51.3 million.
