Archived — Government of Canada Invests in Jobs in Milton
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For immediate release
December 10, 2010
Milton, Ontario —The Town of Milton today celebrated the completion of renovations to the historic 16 Hugh Lane building that will result in increased employment in Milton's downtown core.
The Honourable Lisa Raitt, Member of Parliament for Halton and Minister of Labour and Gord Krantz, Mayor of the Town of Milton, are pleased to see this important project reach completion.
"Our investment in 16 Hugh Lane will help attract businesses and bring jobs to downtown Milton," said Minister Lisa Raitt. "This support is another example of our government's commitment to creating jobs and growth in southern Ontario."
"The completion of the 16 Hugh Lane project is a great success story for Milton. It has enhanced business in our downtown area, created jobs in town, and restored a heritage property for modern uses," said Mayor Gord Krantz. "We are grateful to our partners at the federal government for their contributions to this project through Canada's Economic Action Plan."
The building at 16 Hugh Lane is a designated heritage building. The project has retained the heritage elements of the property, while adding new energy efficient systems and an addition to transform the building into office space to support local employment. Project will include the restoration to a heritage property, including a small addition, which will provide for office space in the downtown core of Milton.
The Government of Canada contributed up to $230,813 to the project through the Community Adjustment Fund. The Town of Milton invested the remaining balance of the project costs of $313,988.
The Community Adjustment Fund in southern Ontario creates immediate employment opportunities and support for local economies that have been struggling with the effects of the global economic downturn.
FedDev Ontario was created as part of Canada's Economic Action Plan to support businesses and communities in southern Ontario. Now in its second year of operation, the Agency has launched a number of initiatives to create a Southern Ontario Advantage and place the region in a strong position to compete in the global economy. These initiatives are designed to support businesses and other organizations through partnerships and investments in skills and training; innovation; research and development; and increased productivity.
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Office of the Honourable Gary Goodyear
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