The company behind the online retail platform for Quebec-made goods is in discussions with its investors after Innovation Minister Pierre Fitzgibbon said a decision on further funding will be made “in the coming days.” (Le Journal de Montréal)
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The company behind the online retail platform for Quebec-made goods is in discussions with its investors after Innovation Minister Pierre Fitzgibbon said a decision on further funding will be made “in the coming days.” (Le Journal de Montréal)
Talking point: Launched in April 2020 as a way to aid businesses faced with COVID-19 shutdowns, Le Panier Bleu (the blue basket) sought to compete with Amazon and reduce Quebec’s trade deficit, among other lofty goals. Yet despite $12 million from the Quebec government’s investment arm, along with $10 million from the likes of Desjardins, Fonds de solidarité FTQ and fintech firm Lightspeed, the site never took off.
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