The next assertion was learn within the Home of Meeting as we speak by the Honourable Andrew Parsons, KC, Minister of Trade, Vitality and Expertise:
Speaker, small companies and cooperatives make a major contribution to the economic system in Newfoundland and Labrador. That’s the reason I’m happy to rise on this Honourable Home as we speak to acknowledge October 15 to October 21 as each Small Enterprise Week and Co-op Week in Newfoundland and Labrador.
There are over 15,000 small companies on this province that create jobs, construct stronger communities, and generate a extra diversified economic system. Our authorities invests considerably in small companies by way of packages and helps for current companies, start-up corporations and the entrepreneurial ecosystem. These have supported the varied sectors in our economic system resembling expertise, craft, tourism, development, mining and quarrying, oil and gasoline extraction, agriculture, forestry, fishing and outfitting industries. We can not underestimate the influence small- and medium-sized companies have on energizing native economies and sustaining rural communities.
Our province has greater than 70 registered co-operatives. These, together with social enterprises, are leaders in group financial growth. This 12 months, the Newfoundland-Labrador Federation of Co-operatives (NLFC) is proclaiming that “Co-op’s imply enterprise!” My division works carefully with the NLFC and different companions, resembling credit score unions, in an effort to assist people and purpose-led companies begin, develop and make a significant influence. Collectively we work to rework the best way enterprise is finished to construct robust community-based enterprises that nurture the sustainability of communities throughout the province.
Speaker, I ask all members to hitch me in recognizing the persistence and dedication of small companies and co-ops in our communities.
2023 10 16