The money will go to eight different projects in the region, covering the tourism, mining, infrastructure and business sectors.
“The Government of Canada is pleased to work with a variety of community partners in the Labrador West region to advance projects that support stronger communities and a vibrant, growing business climate,” said Yvonne Jones, Member of Parliament for Labrador, in a press release. “The investments announced today will also help create jobs, boost economic activity, strengthen communities and celebrate Canada’s rich heritage and history.”
Jones was on hand to announce the funding on behalf of her colleague Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA). Also in attendance for the announcement was Premier Dwight Ball.
The federal government is contributing $1,038,083 of the funding and the provincial government is contributing $696,000 towards four of the eight projects.
“Our support for these projects demonstrates our government’s commitment to increasing economic development and diversification while encouraging private sector growth and innovation. It is our hope that these investments will lead to long-term sustainable employment opportunities for the people of Labrador West.”- The Honourable Dwight Ball, Premier, Newfoundland and Labrador
According to the release, this funding is a result of the recently launched Atlantic Growth Strategy and these monies are in line with its commitment to infrastructure projects in communities across the region.
Some of the project funded include $942,000 to Great North to undertake the expansion of its existing data centre, $120,000 to the College of the North Atlantic to conduct a feasibility study to assess the viability of establishing and operating a Centre of Excellence in Mining Support, Innovation and Industrial Research and the Rotary Club of Labrador City and Wabush Inc. is receiving a $50,000 investment to upgrade Rotary Peace Park. This project involves the construction of a central entertainment area to be used for community events. Other recipients include The Smokey Mountain Ski Club Limited and the Towns of Labrador City and Wabush.