L'Islet, Quebec, April 23, 2010 – Acting on behalf of the Honourable Denis Lebel, Minister of State for Canada Economic Development, Bernard Généreux, Member of Parliament for Montmagny–L'Islet–Kamouraska–Rivière-du-Loup, today joined Norbert Morin, Member of the Quebec National Assembly for Montmagny–L'Islet and Vice-chair, Committee on Planning and the Public Domain, acting on behalf of Laurent Lessard, Minister of Municipal Affairs, Regions and Land Occupancy, in announcing that the Municipality of L'Islet will receive $853,848 in joint government financial assistance under the Communities Component of the Building Canada Fund – Quebec to develop Phase 1 of a new industrial park.
More specifically, the project involves constructing a new 330 linear metre street, including the water and sewer systems. This new industrial park will help the Municipality maintain its industrial role while supporting the region's growing economy. The project will also encourage SMEs looking at expansion to stay in the region.
"This new industrial park in L'Islet will serve the interests of the region's residents and businesses alike. In supporting this initiative, we are seeing to it that the population enjoys the high quality of life for which our country is famous. Indeed, the Government of Canada is committed to equipping every community with modern facilities to ensure citizens' health and safety. The renewal of public infrastructure is part of a broad action plan that will enable us to thrive and prosper in a healthy environment," stated MP Généreux.
"By participating in this project, the Government of Quebec is moving forward to ensure the province's municipalities have infrastructure that meets their unique realities while fostering sustainable development. By injecting new capital into the Quebec Infrastructure Plan, our government is looking to accelerate the execution of numerous infrastructure projects throughout the province, like this one in L'Islet, in an effort to improve Quebecers' well-being, create jobs and promote a high-performance economy. In this way, we are leaving the municipality a legacy of quality infrastructure with which to face the challenges of the future," added MNA Morin.
Completion of this project will necessitate an overall eligible investment of $1,280,772. The governments of Quebec and Canada will each contribute $426,924 toward the work, for a total of $853,848 in combined government funding, while the Municipality of L'Islet will invest the remaining third, or $426,924, in the project.
The Communities Component of the Building Canada Fund – Quebec is a cost-sharing initiative aimed at funding infrastructure projects in communities with fewer than 100,000 inhabitants. These communities are thus able to use this assistance to improve infrastructure that is in major need of revitalization, including water treatment plants, water supply systems and cultural and sports centres.
For provinces, like Quebec, that have committed all of their funding under the Communities Component, the Government of Canada's Economic Action Plan provides for up to $500 million in additional funding for projects that will be completed by March 31, 2011.
In Quebec, a joint federal-provincial contribution of $232 million will be used to fund 106 infrastructure projects.
The contribution from the Government of Canada has been awarded through Canada's Economic Action Plan. To learn more about this plan, visit www.actionplan.gc.ca.
For further information on the Government of Quebec's Quebec Infrastructure Plan, see www.infrastructures.gouv.qc.ca.
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Sources:
Simon Bachand
Press Secretary
Office of the Honourable Denis Lebel
Canada Economic Development:
Tel.: 613-996-6236
Mireille Thibault
Political Attaché
Office of MNA Norbert Morin
Tel.: 418-234-1893
