Innovation, Business and Rural Development
April 24,
2014
Energizing the Economy Through Investments in Rural Communities
Over $14,000 Supports Industrial Development in St. Mary’s Bay
To assist the Mount Carmel Fishermen and Recreation Committee’s efforts to complete the community’s wharf, the Provincial Government is providing funding totalling $14,169. Funding will be used to complete wharf improvements, including additional back-fill to existing cribbing and completion of drainage and sewer pipe installation.
“For communities
to grow and thrive, they need sustainable infrastructure that supports their
current and future needs. I am confident that this funding of $14,169 will
assist with the work required to complete the wharf development in Mount
Carmel, leading to growth in industrial development, a stronger community,
and a strengthened local economy.”
- The Honourable Terry French,
Minister of Innovation, Business and Rural Development
The completed wharf will be used to harbour barges owned by Northern Transportation Ltd., as well as provide amenities where vessel repairs can take place. The company plans to hire employees from the region to undertake the vessel repair work.
“The Mount Carmel Fishermen and Recreation Committee
has done great work in developing these wharf facilities. When
completed, it will be an excellent asset to the community and to St. Mary’s
Bay in general. The extra employment generated by this facility will also
benefit the local economy.”
- Felix Collins, Attorney General and MHA for
Placentia - St. Mary’s
Since 2007, the Provincial Government has provided $100,340 in funding to support wharf development in Mount Carmel. Development work has included the addition of cribbing, backfill, and development of a laydown area.
“The support we have received from
the Provincial Government is greatly appreciated. It will make a significant
difference for this project and will be helpful in continuing our work to
open the area up for industrial development, which we hope will create jobs
and better our community.”
- Elaine Nash, Mount Carmel Fishermen and
Recreation Committee
Funding was made available through the Regional Development Program which provides support to organizations for the development and implementation of economic initiatives that encourage regional and industry development, diversification and innovation. Under the program, financial assistance is provided in the form of non-repayable contributions, to a maximum of 50 per cent of total project costs.
QUICK FACTS
- Funding totalling $14,169 is being provided to the Mount Carmel Fishermen and Recreation Committee for wharf development.
- Since 2007, the Provincial Government has provided $100,340 to support wharf development in Mount Carmel.
- Since 2005, over $210 million has been invested in business and regional development, with 71 per cent being disbursed in rural areas of the province.
- The Department of Innovation, Business and Rural Development offers a wide range of programs that support the development and implementation of economic initiatives. Additional information on programs can be found at: //www.ibrd.gov.nl.ca/programs/RDF.html.
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Media contacts:
| Heather MacLean Director of Communications Department of Innovation, Business and Rural Development 709-729-4570, 697-4137 heathermaclean@gov.nl.ca |
Marg Craniford Constituency Assistant to the Honourable Felix Collins MHA for Placentia - St. Mary’s 709-729-6926 margcraniford@gov.nl.ca |
| Elaine Nash Mount Carmel Fishermen and Recreation Committee 709-691-7057 e.nash@eastlink.ca |
2014 04 24 11:00 a.m.