Precision - The IFC program is not affected by Flaherty's budget

MONTREAL, March 22, 2013 /CNW Telbec/ - In yesterday's budget, The Federal Finance Minister Jim Flaherty announced the abolishment of the International Banking Centres program.

Several people from the business community wrongly believed that this decision would have an impact on the International Financial Centres program. The management of the IFC Montreal wants to reassure the finance community, particularly the financial corporations who benefit from this program. There is not link between yesterday's announcement and the tax credits which they benefit from under the International Financial Centre (IFC) program. The IFC program is under the administration of Quebec's Finance and Economy Ministry. 

About IFC Montreal                                                                

The International Financial Centre-Montréal (IFC Montreal) is an organization devoted to the development of Montreal as an international financial center. Its mandate is to facilitate the establishment and development in the Greater Montreal territory of businesses specialized in international financial transactions. Its activities include the development and implementation of promotion and start-up strategies among businesses active in international financial markets.

SOURCE: Centre Financier International de Montréal (CFI-Montréal)

For further information:

Information :
Catherine Escojido 514 927-8807

Profil de l'entreprise

Centre Financier International de Montréal (CFI-Montréal)

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