MONTREAL, June 5, 2018 /CNW Telbec/ - Today, Centraide of Greater Montreal announced that it is investing $44M in Montreal, in Laval, and on the South Shore. The goal of this major funding is to fight poverty, which affects one in six people in the Greater Montreal region.
The metropolitan area includes sectors with a high concentration of disadvantaged populations, a situation that has major consequences. To improve the living conditions of vulnerable people, Centraide provides essential financial support to not only agencies but also innovative projects to achieve significant results in reducing poverty. This situation has improved, considering that the low income rate in Greater Montreal decreased from 16% to 12% between 2006 and 2016. For the Island of Montreal in particular, this rate dropped from 23% to 18% for the same period.
Our investment for 2018 will be allocated as follows:
- $37M to 279 agencies that will lead to direct changes in people's lives (food security, housing, academic perseverance). This amount includes increased funding for 45 agencies and programs.
- $4M for 53 collective projects that improve neighbourhood living conditions (revitalization, integration of cultural communities, launch of new services).
- $3M to accelerate the fight against poverty in 17 target neighbourhoods through the Collective Impact Project, a special fund financed by nine major foundations. Over five years, this fund will bring major changes on a larger scale to address complex and persistent social problems.
"These investments have been made possible thanks to our donors' generosity. They are made based on rigorous territorial analyses and profiles, and they provide solutions adapted to emerging needs. We will also improve our analysis of social challenges thanks to the recent launch of the 211 phone and Web service, which we are supporting in collaboration with the Information and Referral Centre of Greater Montreal," explained Lili-Anna Pereša, President and Executive Director of Centraide of Greater Montreal.
About Centraide of Greater Montreal
Centraide of Greater Montreal is active in the territories of Laval, Montreal and the South Shore. About 57,000 volunteers are involved with the 350 agencies that it supports, and 22,000 volunteers work on its annual campaign. Centraide has a presence in 18 regions in Quebec and is supported by private, public and parapublic corporations and institutions as well as large trade unions. The money raised is invested locally to break the cycle of poverty and social exclusion. For more information: centraide-mtl.org.
SOURCE Centraide of Greater Montreal
For further information: Annick Gagnon, Public Relations Advisor, 514-288-1261, ext. 242, [email protected]