13 November 2009
St. John's, Newfoundland and Labrador
The Honourable Peter MacKay, Minister of National Defence, Minister for the Atlantic Gateway and Minister Responsible for Newfoundland and Labrador today announced over $815, 000 in Government of Canada funding for four development projects on the Burin Peninsula. These four projects will create jobs and strengthen the local economy through the federal government’s Economic Action Plan.
“The Government of Canada’s Economic Action Plan assists communities hit hardest by the global economic downturn by providing timely investments in projects that have immediate results and which foster future activity for the towns and the surrounding areas,” said Minister MacKay. “These four projects, totaling over $815,000, represent the diversity of our investments from improving community recreational and tourism infrastructure to developing niche market industrial parks.”
Under the Community Adjustment Fund (CAF):
The Town of Burin will receive $637,627 to develop an industrial park with seven commercial lots focused on attracting medical service-related businesses to the region. With the Regional Hospital located in the town, there is demand for suppliers and medical clinics to locate in that area.
The Town of St. Lawrence will receive $91,824 to develop Phase 1 of the three-phase St. Lawrence Trail Strategy. The 3.1 kilometre loop extends from Salt Cove to Chambers Cove, the site of the 1942 naval disaster involving the sinking of the US Navy’s Truxtun and Pollux in which 203 American sailors perished. Through the heroic efforts of the people of St. Lawrence and nearby Lawn, 186 sailors survived.
Under the Recreational Infrastructure Canada (RInC) Fund:
The Town of Grand Bank will receive $50,273 to undertake major renovations to the roofs of the swimming pool and soccer buildings, as well as upgrades to the siding, fascia and soffits of the facilities.
The Town of Fortune will receive $35,413 to install two new dehumidifiers, new exit doors, protective floor matting and energy-efficient lighting in the Fortune Arena.
CAF is delivering a total of $1 billion to local economies throughout Canada over the next two years while the RInC program is providing $500 million over the same period to support the upgrading and renewal of recreational facilities in communities, and to encourage increased participation in physical activity and community building.
The total CAF allocation for Atlantic Canada is $100.4 million and is being delivered in the region by the Atlantic Canada Opportunities Agency (ACOA).
Canada’s Economic Action Plan is providing $500 million over two years for the RInC program, to support upgrading and renewal of recreational facilities in communities across Canada, and to encourage increased participation in physical activity and community building.
Under RInC, projects are selected on the basis of merit and construction readiness, and must be completed before March 31, 2011. RInC is being delivered in the region by ACOA.
Municipalities, First Nations governments, community organizations and other not-for-profit entities in Atlantic Canada that are interested in learning more about how to apply for funding under CAF or RInC are encouraged to contact their local ACOA office. For more information regarding the CAF and RInC application process, please consult ACOA’s website at www.acoa-apeca.gc.ca.
For information on Canada's Economic Action Plan, please visit www.actionplan.gc.ca.
FOR BROADCAST USE:
The Honourable Peter MacKay, Minister of National Defence, Minister for the Atlantic Gateway, and Minister Responsible for Newfoundland and Labrador announced the Government of Canada will provide $815,137 in stimulus funding to four towns on the Burin Peninsula, thanks to the key economic stimulus initiatives under the Government’s Economic Action Plan.
Under the Community Adjustment Fund (CAF), the Town of Burin will receive $632,627 to develop a medical services area, and the Town of St. Lawrence will receive $91,824 to further develop an existing walking trail in the first phase of the St. Lawrence Trail Strategy.
Under the Recreational Infrastructure Canada (RInC) program, the Town of Grand Bank will receive $50,273 to make upgrades to its swimming pool and soccer field building and the Town of Fortune will receive $35,413 to refurbish the Fortune Arena.
Over the next two years, the federal Community Adjustment Fund and the Recreational Infrastructure Program will deliver a total of $1.5 billion in economic stimulus to communities across the country in support of local economic development. In Atlantic Canada, CAF and RInC are delivered by the Atlantic Canada Opportunities Agency.
Doug Burgess
Director, Public Affairs
ACOA NL
709-772-2935
