Mr. Chair and members of the committee, thank you for having us this morning.
The Conseil de développement économique de l’Alberta, the CDÉA, was founded in 1997. If performs a number of functions for the Alberta francophonie. For businesses, the CDÉA offers services to existing and future small and medium-sized francophone businesses. The biggest challenge is still retaining those clients. Once they receive certain basic services to launch their business, they have to look to anglophone providers for financing.
That's why, for years, we've been calling for the creation of a fund to support francophone entrepreneurs in western Canada, similar to the Alberta women entrepreneurs loan program and the Black entrepreneurship loan fund created during the pandemic.
On the employment front, the CDÉA merged with Accès Emploi Alberta in 2023. Our merger will ensure better services for the francophone community because, most of the time, entrepreneurship and employability are inter-related, especially when it comes to issues around the bilingual labour shortage in our community.
The CDÉA's head office is in Edmonton, and we have an office in Calgary, but, as a provincial organization, there's demand for our services in rural areas too. Since its creation, our organization has had one employee to serve the province's northeast. We've also had a contract employee for about a decade in the province's northwest.
Because of that, we've have an impact on rural economic diversification. For rural areas, the youth exodus is a huge challenge. To address that, we've created various financial literacy and entrepreneurship workshops, as well as camps for young francophone entrepreneurs. Our initiatives have reached 2,500 elementary and high school students over the past year and led to the creation of a number of school-based businesses.
This year, the CDÉA is also managing the prairies francophone economic development fund, which has a $1.8 million envelope over three years. This is part of the economic development initiative in the prairie provinces, the EDI. It funds economic development initiatives, such as setting up a sewing co‑operative for African women or opening a café in a francophone visual arts centre.
Since I'm talking about rural communities, I'll hand things over to Elisa Brosseau, Chair of the Alberta Bilingual Municipalities Association.