September
2, 2009
GOVERNMENT
OF
CANADA
INVESTS IN HALIBURTON-KAWARTHA
LAKES-BROCK TO
STIMULATE LOCAL ECONOMY
Lindsay,
Ontario — Barry Devolin, MP for Haliburton-Kawartha Lakes-Brock today
announced three projects throughout the local area that are moving forward
thanks to an investment of more than $750,000 to stimulate our local
economy under the Community Adjustment Fund (CAF).
These
investments will create immediate employment opportunities and support
local economies in communities throughout
Southern Ontario
with populations of fewer than 250,000 that rely heavily on manufacturing
and natural resources.
“Our
government is committed to improving and supporting our communities,”
said Devolin. “The Community Adjustment Fund will
create the most jobs per dollar invested, build on collaboration
agreements already in place, and provide a legacy of longer-term
ecological and economic benefits”.
|
Recipient
|
Project
Title
|
Federal
Investment
(up
to $)
|
|
|
|
$350,000
|
|
The
Township
of
Highlands
East
|
|
|
|
|
Build
new premises for applicant to consolidate operations in a single
location.
|
$105,729
|
These
projects were part of the up to $102 million investment made through the
Community Adjustment Fund for 2009-2010, announced on August 27th
by the Honourable Gary
Goodyear, newly appointed Minister of State for the Federal Economic
Development Agency for Southern Ontario (FedDev Ontario). It
is the government's intention to support a total of 90 projects in
communities across
Southern Ontario
that are struggling with the effects of the global economic downturn.
Approved
projects must meet the terms and conditions set out in their funding
agreements. A complete list of approved projects in
Southern Ontario
will be made available online at www.ic.gc.ca/caf on September 10th, 2009.
Applications
for 2010-2011 CAF project funds will be accepted by FedDev
Ontario
later this year. A public announcement will be made once details are
finalized.
CAF
is just one in a series of initiatives introduced in the Government of
Canada’s Economic Action Plan designed to address the short-term effects
of the economic decline on communities across
Canada
, while preparing our communities for long-term growth. For more
information on
Canada
’s Economic Action Plan, please visit www.actionplan.gc.ca.
-
30 -
For
more information, contact:
Kate
Porter
Special Assistant
Office of MP Barry Devolin
705-324-2400 ext. 26
|
