Canada Economic Development

Canada Economic Development

February 10, 2010 10:30 ET

Granby Zoo to Gain New Pavilion Thanks to $6 Million in Funding From the Government of Canada

GRANBY, QUEBEC--(Marketwire - Feb. 10, 2010) - The Honourable Denis Lebel, Minister of State for Canada Economic Development, today announced the awarding of $6 million in funding through the Community Adjustment Fund to Granby Zoo for the construction of a new pavilion to house such South Pacific aquatic species as sharks, rays, jellyfish and coral.

This construction project is the second phase of a wide-scale modernization program launched in 2004 and intended to help Granby Zoo build a world-class reputation. Designed to promote dynamic interaction with the public, the new pavilion will include several aquariums and a large pool and will be part of the zoo's Oceania zone. Together, these attractions will fulfil both a recreational and educational role.

"Granby Zoo is one of the best in North America. Building a pavilion in the area that showcases the Oceania ecosystem is sure to raise the zoo's drawing power and boost its appeal among an increasingly diversified clientele. The facility's enhanced international standing can only result in a greater number of visitors, notably from abroad. This second phase of the modernization project will enable the zoo to increase its revenues from $50 million a year to $70 million. Once this important project for Granby and the vicinity has been completed, the zoo will be the flagship attraction of the Eastern Townships' tourism industry. The region will thus be arming itself with an additional asset and strengthening its reputation as a prime tourist destination," explained the Minister of State.

This major project also promises to help stimulate the region's economy by generating an overall investment of $12.5 million and creating some 135 indirect jobs among subcontracting firms throughout the construction phase.

The Community Adjustment Fund is a two-year, billion-dollar measure established under Canada's Economic Action Plan to help fund projects that have the potential to create and preserve jobs in communities affected by the economic downturn.

For more on Canada's Economic Action Plan, visit www.actionplan.gc.ca.

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