The City of Montréal’s Executive Committee has authorized a loan of $ 1.2 million to enhance the financing available in the PME MTL Investment Fund of three PME MTL service hubs, ie PME MTL Centre-Ouest, PME MTL Center-Ville, and PME MTL Ouest-de-l’Île, each receiving $ 400,000.
The recapitalization of the PME MTL Fund of these three organizations was necessary so that they could continue their activities in the targeted territories. In February, the municipal government recapitalized $ 2.7 million of the MTL PME Fund, bringing the City’s contribution to $ 3.8 million for 2018.
- Source
- Ville de Montréal
- Language
- French
