Program Supporting the Development of Tourist Attractions — Stream 2

• Repayable contribution in the form of a loan ranging from $100,000 to $5,000,000 per project.
• Minimum private contribution of 20% of eligible expenses, or 10% for projects by recognized Indigenous communities or for projects in Îles-de-la-Madeleine.
• Maximum loan term of 20 years.
• Principal repayment moratorium of up to 24 months, with interest that may be capitalized during this period.
• Government funding may not exceed 50% of total eligible project costs for for-profit entities, 80% for non-profit organizations and cooperatives, and 90% for recognized Indigenous communities or projects in Îles-de-la-Madeleine.

• The applicant must be a legally constituted for-profit company, non-profit organization (NPO), cooperative, or a recognized Indigenous community or nation in Quebec.
• The applicant's business must operate within Quebec.
• The business must be considered a hotel-type accommodation establishment and must be listed on BonjourQuébec.com (except for startup projects).
• The applicant must demonstrate medium-term profitability prospects.
• The applicant must have documents attesting to a commitment to sustainable development or social responsibility, and/or agree to use sustainable construction principles for project work.

Who is eligible?

Eligible applicants for this grant include for-profit businesses, non-profit organizations (NPOs), cooperatives, and Indigenous communities or nations recognized by the National Assembly, as well as any grouping of these clients.

Who is not eligible

• State-owned enterprises (Crown corporations).
• Companies involved in retail or restaurant sectors.
• Businesses operating in the gambling sector.
• Companies involved in the sale or consumption of alcohol or cannabis.
• Projects that are already completed or currently underway.
• Construction of new hotel establishments located on the territory of the Island of Montreal or the City of Québec.

Eligible expenses

The fund is designed to improve hotel infrastructure and expand tourism accommodation in Quebec. Eligible projects focus on both renovation and acquisition to enhance the sector's capacity and service quality.

• Construction and renovation of hotel infrastructure.
• Upgrading existing hospitality facilities, including meeting rooms, public areas, and building exteriors.
• Acquisition of existing hotel establishments.
• Expansion of existing hotel establishments.

Eligible geographic areas

• Quebec
• Projects located in the Îles-de-la-Madeleine

• The program features flexible financial solutions tailored to the needs of the hospitality sector.
• Interest rates may be fixed or variable, depending on the project's financial terms and the lender's conditions.
• Collateral requirements are adjusted to reflect the realities of tourism businesses.
• Requests are accepted up to December 31, 2025, and special conditions may apply based on the project evaluation.