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 $)

The Township of Minden Hills

Construction of a new groundwater well, distribution system and water treatment building.

 

$350,000

The Township of Highlands East

Clearing 33 kilometres of road right of way.

 

$300,000

Technology Alliance Group for Kawartha Lakes

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.

 

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For more information, contact:

Kate Porter
Special Assistant
Office of MP Barry Devolin
705-324-2400 ext. 26