Canadian Youth Business Foundation,
Toronto, Ontario
March 12, 2010

On March 12, 2010, the Honourable Rob Moore, Minister of State (Small Business and Tourism), was joined in Toronto by the Honourable Jim Flaherty, Minister of Finance, to announce funding of $10 million from year two of Canada's Economic Action Plan to support the Canadian Youth Business Foundation (CYBF). The Ministers were joined by representatives of the CYBF, including Vice-Chairman David Stewart-Patterson and Director of Government Relations Megan Harris.

The funding will permit an estimated 500 new Canadian businesses to launch over the next year, generating approximately 2500 new jobs and $63 million in revenue within three years. The investment was provided in Budget 2010: Leading the Way on Jobs and Growth, and builds on an investment of $10 million made in year one of Canada's Economic Action Plan.

Minister of State Moore addresses the audience, surrounded by young entrepreneurs from the Canadian Youth Business Foundation.

Left to right: Matthew Hudson of Invenia Technical Computing Corporation, Jonathan Davids of Soko Company, Lauren Friese of TalentEgg Inc., Susan Ho of Tea Aura Inc., Anuj Madhok of Haute Culture and Christine and Vincent Poirier of Momzelle.

News Releases:
Government of Canada Invests in Jobs of the Future (Toronto)
Government of Canada Invests in Jobs of the Future (Montréal)

Source: David Merrow, Merrow Photography