KINGSTON – Today marks the 45th anniversary of the ‘business development bank of Canada’s’ Kingston branch. The bank, also known as BDC, is the only facility of its kind that is exclusively dedicated to helping entrepreneurs thrive — by offering loans, advisory services and investments. The CEO of the Canada wide company visited Kingston for the anniversary celebration — and says local entrepreneurs and small businesses play an integral role in Kingston’s economy. He says Kingston’s business dynamics have the ability to compete on a national level.
Michael Denham/CEO, BDC:
“The economy here is largely driven by big institutions which represents a fair amount of stability in terms of employment, demand and what have you. Our clients, our small business clients, benefit from that because demand for what they do is quite strong.”