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Government of Canada invests in Leeds-Grenville to stimulate local economy
September 11, 2009
Kemptville - Gord Brown, Member of Parliament for Leeds-Grenville, today announced that two projects throughout the area are moving forward thanks to an investment of over $800,000 to stimulate local economies under the Community Adjustment Fund (CAF) in Southern Ontario. 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. “This is great news for these two municipalities as they can move forward with some much needed work and provide local jobs,” said Mr. Brown. The funded projects are: Augusta Township – Firehall and related renovations - $635,000 Elizabethtown-Kitley – Industrial park access road - $222,000. These projects are part of the up to $102 million investment made through the Community Adjustment Fund for 2009-2010, announced on August 27 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 is available online at www.ic.gc.ca/caf. 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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