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Thus the community advisory boards for the Homelessness Partnering Strategy (HPS), the steering committees for the Urban Aboriginal Strategy (UAS), Community Futures Development Corporations (CFDCs) and the Local Immigration Partnerships (LIPs) have little trouble sustaining their activity--as long as the space to set policy and allocate funds remain available for distribution to local programs and services.
The loan, secured from the Heartland Community Futures Development Corporation (CFDC) in Portage la Prairie, was used to buy new equipment, including a hydraulic press, a drill press and a band saw.
Finally, for people with credit issues and/or ideas, traditional banks will not finance, there are the Business Development Bank of Canada (BDC) and the Community Futures Development Corporations (CFDC).
Industry Canada, through FedNor, provides funding support for 61 CFDCs across Ontario, including 24 in Northern Ontario.
They have to "negotiate" a repayable loan with a camp supervisor/acting banker, who is a staff member from one of the five CFDCs.
The Chapleau CFDC contacted Gervais to offer help, as well.
"It's quite a survivor," says DeMarco, who oversees FedNor's northeastern Ontario CFDCs. "It's one of the few programs that has survived through different governments over 15 years."
Funded by Industry Canada/FedNor, CFDCs implement long-term community development initiatives, employ local staff and are governed by volunteer directors representative of their community.
Ontario's 56 CFDCs -- funded by Industry Canada's Community Futures Program -- celebrated the dedication and accomplishments of their volunteers and staff, and highlighted the importance of small and medium-sized businesses to the economy.
Governed by a volunteer Board of Directors comprising of representatives from seven regions in Ontario, the OACFDC provides a networking mechanism to share information and best practices among the 53 Community Futures Development Corporations (CFDCs) located throughout the province.
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- CFD General Notation System