Tourism, Culture, Industry and Innovation
March 15, 2019

St. Lawrence Industrial Park to Boost Economic Development

A strong industrial sector helps to foster new business opportunities, create good paying jobs, spur economic growth and build vibrant communities.

That is why the Town of St. Lawrence is developing an industrial park to support the region’s growing mining and aquaculture sectors with more than $1.3 million in support from the Provincial and Federal Governments. The Government of Newfoundland and Labrador is providing $365,364 for this project and the Government of Canada is providing a non-repayable contribution of $949,947.

The Honourable Carol Anne Haley, Minister Responsible for the Status of Women, and MHA for Burin-Grand Bank, on behalf of the Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation, along with Churence Rogers, Member of Parliament for Bonavista-Burin-Trinity, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency, made the announcement today.

The new park will provide the town with the necessary infrastructure to attract new businesses and better position itself to respond to the increased demand for commercial space with the reactivation of the St. Lawrence fluorspar mine and development of the Grieg NL aquaculture project in Placentia Bay.

Beginning this spring, work on the industrial park will involve the development of eight fully serviced lots. The initiative is part of St. Lawrence’s strategic plan to increase community capacity and develop infrastructure to foster business development, create partnership opportunities and support long-term economic growth in the region.

The Government of Canada is making smart investments that will create good, middle-class jobs in our country. It is helping Atlantic Canadian communities access the tools they need to create sustainable economic growth. Support for this project is one way the Government of Canada is working to achieve its Atlantic Growth Strategy outcome of long-term economic prosperity in the region.

Provincial support for this project also delivers on commitments of The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the Provincial Government is taking to achieve a strong, diversified province with a high standard of living, and can be viewed at thewayforward.gov.nl.ca.

Quotes
“When our government supported the reactivation of the St. Lawrence fluorspar mine, we did so to create jobs, foster business development, and support the long-term economic growth on the Burin Peninsula. To build on the success of this investment, we are pleased to support the development of an industrial park for the Town of St. Lawrence. This new industrial park responds to the increased demand for commercial space from Canada Fluorspar Inc. and the Grieg NL, and provides the necessary infrastructure needed in the region.”
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation

“I have worked closely with the Town of St. Lawrence in establishing it as a major centre of economic growth for the Burin Peninsula, and indeed for the province as a whole. With Canada Fluorspar Inc. already operating and Grieg NL on the cusp of establishing a major processing plant, it is important to develop an industrial park to allow businesses offering services to the mining and aquaculture industries to be close at hand. I am pleased our government is contributing $365,364 towards this venture.”
Honourable Carol Anne Haley
Minister Responsible for the Status of Women, and MHA for Burin-Grand Bank

“Atlantic Canada’s economic success comes from its strong, vibrant communities. Through ACOA, the Government of Canada is making strategic investments that build on competitive regional advantages and support the diversification of our communities. We are pleased to partner with the Town of St. Lawrence in this industrial park development, which will foster new opportunities for sustainable economic growth and help create long-term prosperity.”
Honourable Navdeep Bains
Minister of Innovation, Science and Economic Development and Minister responsible for ACOA

“Our government believes that making smart investments in our communities helps to create good jobs for middle class families and grow local economies. That is why we are supporting the Town of St. Lawrence with this important economic development initiative. We commend the Town for its vision and commitment to seizing new growth opportunities from the mining and aquaculture sectors and making St. Lawrence a great place to do business and an even better place to call home.”
Churence Rogers
Member of Parliament for Bonavista-Burin-Trinity

“This project will certainly bring employment opportunities to our community and attract and support businesses in offering services to the mining and aquaculture sectors. We are so pleased that this will enhance the economic growth and sustainability in our town and region. We thank all levels of government – federal, provincial and municipal – for their partnership and insight in this endeavor.”
Paul Pike
Mayor, Town of St. Lawrence

- 30 -

Learn more
Town of St. Lawrence external link icon

Canada Fluorspar Inc. external link icon

Grieg NL external link icon

Premier Ball Welcomes Reopening of Fluorspar Mine

New Aquaculture Project to Create Hundreds of Jobs on the Burin Peninsula

The Way Forward

Follow us on Twitter: @GovNLexternal link icon and @TCII_GovNL external link icon

Media contacts
Eric Humber
Tourism, Culture, Industry and Innovation
709-729-4819, 725-9655
erichumber@gov.nl.ca

Paul McGrath
Director of Communications
ACOA NL
709-772-2984
Paul.McGrath@canada.ca

Andrea Kettle
Town of St. Lawrence
709-873-2222
townofstlawrence@nf.aibn.com

2019 03 15                              5:05 p.m.