Archived — Welland to Receive Government of Canada Stimulus Funding for Local Project
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For immediate release
August 28, 2009
WELLAND — Residents of Welland will benefit from infrastructure improvements to service a future industrial park thanks to new funding under the Government of Canada's Economic Action Plan. The Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), made the announcement today at Welland City Hall.
The government will provide $3.1 million through its Community Adjustment Fund (CAF) to extend water and sewer services to a 110 hectare industrial park including associated road improvements and the installation of railway crossing signals.
"This investment will create jobs and strengthen the local economy," said Minister of State Goodyear. "Welland and the surrounding region is a dynamic area with unique strengths and challenges, and this project will provide direct support for local restructuring efforts."
"The announcement that Welland will be receiving more than $3.1 million to revitalize municipal infrastructure adjacent to the former Atlas steel mill will help the city retain current employers and attract new investment and jobs to our City," said Damian Goulbourne, Mayor of the City of Welland. "Many cities like ours are facing tough times and programs like CAF demonstrate to our residents that things are going to get better."
Up to $102 million will be invested through the CAF for 2009–2010 and it is the government's intention to support a total of 90 projects in communities across southern Ontario. These investments will create immediate employment opportunities and support local economies in communities that have been struggling with the effects of the global economic downturn.
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.
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 http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_00100.html on September 10, 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.
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For more information (media only), please contact:
Gary Toft, Director of Communications, Office of the Honourable Gary Goodyear, 613-943-7599
Media Relations, Industry Canada, 613-943-2505
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