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More Bang for the Buck: The Impact of CFDC Lending on Ontario’s Economy

The Conference Board of Canada, 24 pages, February 10, 2016
Briefing by
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The objective of this briefing is to assess the economic impact on Ontario of the lending services provided through the Community Futures Program—a federal program designed to stimulate economic development in rural communities.

Document Highlights

More Bang for the Buck looks at the economic impact that the Community Futures Program lending service has had on Ontario’s economy over the past six years. The lending program provides funding to Ontario’s 61 Community Futures Development Corporations that, in turn, support small business projects in Ontario’s rural communities. The primary objective of this briefing is to quantify the impact of the Community Futures Program lending service on Ontario’s key economic indicators, such as GDP, employment, income, and government revenues. The Conference Board’s econometric model of the Ontario economy was used to quantify the impact of the real capital investment stream estimated for the 2009–14 period. The analysis evaluates the combined direct, indirect, and induced economic impacts. The Community Futures Development Corporations continue to support economic activity and employment throughout Ontario’s rural communities.

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Price: $0
No charge, funded by The Conference Board of Canada and/or the research sponsor