Corner Brook is a vital economic hub on the west coast of Newfoundland and Labrador, serving as a centre of industry, commerce and innovation. The Government of Canada is investing in projects in this region to help strengthen the local economy.
Federal investments boost region's potential
On January 31, the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, announced total federal investments of $972,604 for seven projects in Corner Brook.
These investments will stimulate the economy and improve the life of Atlantic Canadians by helping organizations upgrade equipment and infrastructure and explore future opportunities. Funding will also support community groups and initiatives within the region.
For the full list of projects, please see the backgrounder.
January 31's announcement further demonstrates the Government of Canada's commitment to helping communities and organizations diversify local economies and create a better quality of life for residents and visitors alike.
Quotes
"Corner Brook was built on hard work and resilience I've seen it firsthand. While forestry and manufacturing are our roots, we are also growing in tourism, education, and sustainable development. Your federal government is there to help. This support will create jobs and opportunities now, to make sure Corner Brook thrives for future generations."
- The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA
Quick facts
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ACOA's investments announced on January 31 are delivered through the Innovative Communities Fund (ICF) and the Regional Economic Growth through Innovation (REGI) program.
- The Innovative Communities Fund (ICF) builds on the strengths of communities and provides the tools needed to identify opportunities for sustainable economic growth.
- The Regional Economic Growth through Innovation (REGI) program supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation.
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