News Releases
Government Home Search Sitemap Contact Us  

December 21, 1999
(Development and Rural Renewal)

Marina to be constructed in Fortune

The Harbour Authority of Fortune will receive $426,060 to develop a marina to help the town advance its long-term economic development plan. Funding from the Canada-Newfoundland Agreement for the Economic Development Component of the Canadian Fisheries Adjustment and Restructuring Initiative was announced today by Burin-St. George's MP Bill Matthews, on behalf of George Baker, Minister of Veterans Affairs and Secretary of State for the Atlantic Canada Opportunities Agency (ACOA), and Grand Bank MHA Judy Foote on behalf of Beaton Tulk, Minister of Development and Rural Renewal.

The project, which is targeted at the pleasure craft industry, involves excavation of the harbour in Fortune to accommodate 17 floating docks and the extension of water and electrical supply services to the new berthing docks. The harbour authority will be responsible for the maintenance and administration of the new marina. The project will create six construction jobs and has the potential to create two full-time permanent positions.

Mr. Matthews said 95 per cent of pleasure boats which use Fortune's harbour are from the international port at St. Pierre and Miquelon. "This project provides Fortune with the infrastructure necessary to continue to attract pleasure boats to its harbour, and to further increase the market and generate greater economic benefits for the town."

Ms. Foote said that the number of boats using the harbour in Fortune currently exceeds the intended capacity which causes significant congestion in the harbour. "This project will eliminate this congestion by creating new space, thereby making Fortune a destination of choice for even more pleasure craft. This initiative will enhance the tourism potential of the entire Burin Peninsula."

The Harbour Authority of Fortune, established in 1988, administers and operates the fishermen's wharf area, the small boat slipway and the FPI trawler berths. The authority is governed by a 12-person elected board of directors representing various stakeholder groups in the town. The three-year $81.25 million Canada-Newfoundland Agreement for the Economic Development Component of the Canadian Fisheries Adjustment and Restructuring Initiative (EDC) was signed on August 16, 1999. The agreement is designed to build upon the strategic plans and priorities of the Regional Economic Development Boards to improve the long-term economic climate in regions impacted by the downturn in the groundfish industry. It is administered federally by ACOA and provincially by the Department of Development and Rural Renewal.

Meida contact:

Doug Burgess
ACOA
(709) 772-2935

Josephine Cheeseman
Department of Development and Rural Renewal
(709) 729-4570

1999 12 21                                             12:45 p.m.


SearchHomeBack to GovernmentContact Us


All material copyright the Government of Newfoundland and Labrador. No unauthorized copying or redeployment permitted. The Government assumes no responsibility for the accuracy of any material deployed on an unauthorized server.
Disclaimer/Copyright/Privacy Statement