Madam Speaker, I rise to pay tribute to the Community Futures Network of Canada and the excellent work it is doing to diversify, support and strengthen economies in rural and remove communities.
The Community Futures Network of Canada works to support communities by providing small business loans, tools and training to people looking to start or expand their business. In Ontario alone, during 2020-21, the Community Futures Development Corporation recruited over 1,000 volunteers, issued over $7.5 million in business loans and created over 6,000 jobs. In addition, the CFDC has provided over $116 million in business loan relief and helped maintain 8,500 jobs.
In Algoma—Manitoulin—Kapuskasing, many entrepreneurs have taken advantage of the services provided by CFDCs, more specifically those of Waubetek, East Algoma, Superior East, Nord-Aski, LAMBAC, North Claybelt and Sault Ste. Marie, whose team members are dedicated to making northern Ontario a business-friendly destination. Today, I say thanks.