The State companies to maintain their sponsorship

Despite the cancellation of festivals and public events because of measures to slow down the COVID-19, the main State companies maintain their sponsorships. A booty that will amount to more than$ 33 Million this year.

“We need to support these events even if they will not take place, so that they come back next year “, tells the Newspaper the spokesman of the Société des alcools du Québec (SAQ) Mathieu Gaudreault.

This is$ 5 Million that the SAQ expects to make about 300 festivals and non-profit organizations during the year 2020.

The management stated yesterday that the perpetrators of the events can still make requests for the next few months, and that each case will be analyzed.

On the side of Hydro-Québec, the budget for donations and sponsorships is expected to reach $ 18 million. And the electricity provider does also not have to tighten its purse.

Hundreds of cheques

Hydro-Québec plans to write checks to nearly 575 organizations across the province, including the Festival de la chanson de Tadoussac, le Salon du livre de la Côte-Nord and the Francofolies de Montréal.

In the beginning of the year, recall that the Crown corporation had reviewed its policy of social engagement in order to better target the organizations with financial needs.

Loto-Québec confirms that it will retain its sponsorship signed, that the event be postponed or cancelled. This represents approximately $ 10 million. This amount does not include amounts paid to non-profit organizations. Last year, this prize had been $16.1 million.

“We are monitoring the situation closely and remain in close contact with our partners,” says director of public affairs, Patrice Lavoie.

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