Funding helps Halifax West businesses build on innovation to create new jobs

News release

Government of Canada investments support clean, inclusive recovery and long-term economic growth  

May 26, 2022 · Bedford, Nova Scotia · Atlantic Canada Opportunities Agency (ACOA)

A key part of Canada’s economic recovery is supporting businesses as they adapt, grow and recover from the COVID-19 pandemic. Small and medium-sized businesses and the organizations that support them represent the backbone of regional economies. They generate well-paying jobs and are a source of pride for their communities. To do so, businesses and entrepreneurs need a strong foundation, built on technological innovation, inclusivity, and clean growth to create the workforce of the future.

Federal investments support business growth

Today, Lena Metlege Diab, Member of Parliament for Halifax West, announced a total investment of $1,942,993 through the Jobs and Growth Fund (JGF) for five projects in Halifax that are expected to create up to 29 new jobs. The announcement was made on behalf of the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA.

For the full list of projects, please see backgrounder.

Launched in July 2021, the Jobs and Growth Fund (JGF) provides $700 million over three years to Canada’s regional development agencies to support a regional response and stimulate economic recovery following the COVID-19 crisis by investing in projects that will help to create jobs. Through the JGF, the Government of Canada aims to support the transition to a green economy, foster an inclusive recovery, enhance competitiveness, and create jobs in every corner of the country.  

Quotes

“The vitality of our business communities across Atlantic Canada is key to our economic recovery. We’ll continue to invest in our local businesses and the organizations that support them to create good jobs, support inclusive and clean growth opportunities, and build resiliency for years to come.”
- The Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA

“Companies like Maritime Labels and Packaging, Sparrow Acoustics, Coastline Cordage Group, Ashored Innovations and International Pre-Own Barcode Ltd. are working hard to seize new growth opportunities through innovation and expanding their workforces in the process. I am proud our government has made this investment today, as the success of companies just like these is key to building a vibrant, resilient economy and a strong future.”
- Lena Metlege Diab, Member of Parliament for Halifax West 

Quick facts

  • In Atlantic Canada, ACOA is delivering $70 million of the $700-million national Jobs and Growth Fund (JGF) to eligible businesses, non-profit organizations, community economic development partners, and Indigenous-led organizations and businesses, with projects that: 
    o   support the transition to a green economy
    o   foster an inclusive recovery
    o   preserve Canada’s competitiveness and future-proof businesses through digital adoption
    o   strengthen capacity in sectors critical to Canada’s recovery and growth

  • For more information on the application process, eligibility criteria and eligible expenses, or to apply for the JGF, reach out to your regional development agency.

  • Canada’s regional development agencies are continuing to deliver targeted support for economic recovery in the region. Application intake is open through ACOA for the Canada Community Revitalization Fund, Jobs and Growth Fund, Aerospace Regional Recovery Initiative and Tourism Relief Fund.

     

Associated links

Contacts

Marianne Blondin
Press Secretary
Office of the Minister of Official Languages and of the
Atlantic Canada Opportunities Agency
Marianne.Blondin@acoa-apeca.gc.ca

Lori Selig
Communications Manager
Atlantic Canada Opportunities Agency
902-266-7477
Lori.Selig@acoa-apeca.gc.ca

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