Le Lézard
Classified in: Business
Subject: FINANCING AGREEMENTS

Government of Canada invests over $2.73 million in improvements to Calgary's Community Infrastructure


CALGARY, ALBERTA--(Marketwired - Jan. 17, 2017) - Western Economic Diversification Canada

Thirteen recreational and cultural facilities in Calgary will be upgraded with the Government of Canada's CIP 150 investment of $2,738,214. The improvements made with the funding will help upgrade the facilities and support Calgary's community spirit.

The Canada 150 Community Infrastructure Program is part of Canada 150 Celebrates, the Government of Canada's celebration of our country's 150th anniversary of Confederation. Budget 2016 provided an additional $150 million over two years to Canada's Regional Development Agencies to deliver further community funding across the country, starting in 2016-17, with Western Economic Diversification Canada (WD) being responsible for administering the program in Western Canada.

Through investments in community infrastructure, the Government of Canada will invest in projects that seek to renovate, expand and improve existing community infrastructure, with a focus on recreational facilities, projects that advance a clean growth economy, and projects with a positive impact on Indigenous communities.

Quotes

"The Government of Canada wants to empower communities as part of its celebration of the 150th anniversary of Confederation. The Canada 150 Community Infrastructure Program responds to the significant demand for community infrastructure improvements across Western Canada."

- The Honourable Kent Hehr, Minister of Veterans Affairs and Associate Minister of National Defence on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada

"The CIP 150 will help to improve the quality of life for all Canadians by allowing development of our cherished public spaces including community recreation centres, parks, fitness centres and others. It is in these places where we celebrate our Canadian heritage."

- Darshan Kang, Member of Parliament for Calgary Skyview

"We are pleased to see the Government of Canada making important capital investments in community projects across Calgary. CIP 150-funded projects will bring significant benefit to the lives of our citizens--an excellent way to celebrate our nation's sesquicentennial."

- Mayor Naheed Nenshi, City of Calgary

Stay Connected

Twitter: @WD_Canada, @canada150th, @MinisterISED, @cityofcalgary.

Hashtags: #Canada150

Website: WD Homepage, Canada 150 Homepage, City of Calgary.

Facebook: @canada150th

Instagram: @canada150

WD Toll-Free Number: 1-888-338-WEST (9378)

TTY (telecommunications device for the hearing impaired): 1-877-303-3388

Additional Links

Government of Canada Announces Support for Community Infrastructure in Alberta

Backgrounder: The 150th Anniversary of Confederation in 2017

Backgrounder: Government of Canada Invests in Calgary's Community Infrastructure

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.


These press releases may also interest you

at 14:19
Jennifer Mersereau, Senior Partner, Co-Founder & COO, Hamilton ETFs, Patrick Sommerville, Senior Partner, Head of Business Development, Hamilton ETFs, and their team joined Keith Wu, Head, Exchange Traded Products, Toronto Stock Exchange , to open...

at 14:03
New research insights from Info-Tech Tech Research Group will equip food and beverage manufacturers with essential strategies for embracing digital transformation. The global research and advisory firm explains that the industry can significantly...

at 13:50
Canadian General Investments, Limited (CGI)  (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2024 was $62.50, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.3% and...

at 13:40
New research led by the Faculty of Health Sciences at Ontario Tech University and published in Diabetic Medicine, reveals participation in Special Olympics programming is associated with a significantly lower risk of diabetes among adults with...

at 13:30
The July 15 deadline approaches to be eligible for the Canada Carbon Rebate for Small Businesses. This refundable tax credit announced in Budget 2024 returns a portion of federal fuel charge proceeds directly to an estimated 600,000 small and medium...

at 13:22
ÉRIC & DANIEL TADROS, the visionaries behind the Liberty City real estate development, have received support from Tim Draper, a venture capitalist who initially funded Elon Musk for Tesla and SpaceX, and also supported over 20 companies that now...



News published on and distributed by: