Economic development organizations in West Prince are planning for a prosperous future
Alberton, PE – Atlantic Canada Opportunities Agency - Communities in rural parts of Atlantic Canada are presented with distinct challenges and opportunites for economic growth. Longtime residents and newcomers alike who want to build a life and contribute to the growth of businesses in these communities will benefit from a new economic strategy that is both diverse and inclusive.
That is why the Government of Canada and the Province of Prince Edward Island are investing nearly $450,000 in support of projects in West Prince.
Bobby Morrissey, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), along with the Honourable Pat Murphy, PEI Minister of Rural and Regional Development made the announcement today.
Through ACOA’s
Innovative Communities Fund (ICF) the Alberton Community Development Corporation Ltd. and West Prince Ventures will receive a combined total of $287,896 for projects aimed at strengthening the economy in Western PEI. The Government of Prince Edward Island will contribute a combined total of $152,240 to the organizations.
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.
Source : Government of Canada