Economic Development Agency of Canada for the Regions of Quebec Act

Marginal note:Powers

• 11 (1) In carrying out its object, the Agency may

  • (a) in cooperation with other concerned ministers and boards and agencies of the Government of Canada, formulate and implement policies, plans and integrated federal approaches;

  • (a.1) plan and implement mechanisms to facilitate cooperation and concerted action with Quebec and communities in;

  • (b) plan, implement, direct and manage programs and projects, or offer services, intended to contribute directly or indirectly

    • (i) to the establishment, development, support and promotion of enterprises, and more particularly small- and medium-sized enterprises, in Quebec,

    • (ii) to the development of entrepreneurial talent in Quebec,

    • (iii) to economic prosperity in Quebec, and

    • (iv) to the development of communities in Quebec;

  • (c) plan, implement, direct and manage programs and projects, or offer services, to improve the economic environment in Quebec, including programs, projects and services

    • (i) of support to business associations, conferences, studies, consultations, trade shows, demonstration projects and market research,

    • (ii) related to the development of economic opportunity data banks and networks,

    • (iii) to improve business communication and cooperation, and

    • (iv) to promote knowledge related to business and investment;

  • (d) collect, gather — by survey or other- wise —, compile, analyse, coordinate and disseminate information relating to the development and diversification of the economy of the regions of Quebec;

  • (e) assist investors to establish enterprises, and more particularly small- and medium-sized enterprises, in Quebec, consistent with federal investment requirements and in accordance with terms and conditions approved by the Treasury Board;

  • (f) make loans to any person with respect to the establishment and development of enterprises, and more particularly small- and medium-sized enterprises, in Quebec;

  • (g) guarantee the repayment of, or provide loan insurance or credit insurance in respect of, any financial obligation undertaken by any person with respect to the establishment and development of enterprises referred to in paragraph (f);

  • (h) make grants and contributions in support of programs and projects undertaken by the Agency or the Minister;

  • (i) enter into contracts, memoranda of understanding or other arrangements in the name of Her Majesty in right of Canada or in the name of the Agency, including cooperation agreements and agreements related to distinct sectors of Quebec’s economy; and

  • (j) do any other thing necessary or incidental to the attainment of the object of the Agency.

• Marginal note:Other functions

  (2) The Agency may also perform any other functions assigned to it by order of the Governor in Council.