Industry Canada

Industry Canada

July 16, 2009 10:00 ET

New Projects to Receive G8 Infrastructure Funding

BRACEBRIDGE, ONTARIO--(Marketwire - July 16, 2009) - The Honourable Tony Clement, Minister of Industry, Minister responsible for FedNor and Member of Parliament for Parry Sound-Muskoka, today released details of three new projects to be funded through the G8 Legacy Infrastructure Fund.

"In one year, our region will host the world's leaders, delegates, invited nations and the media," said Minister Clement. "The projects created through the G8 Legacy Infrastructure Fund will ensure that Parry Sound-Muskoka is seen at its best."

The projects, which will receive a total of $1 370 000 from the Fund, include:

- a new 7500-square-foot building in Annie Williams Memorial Park, Bracebridge, that will eventually house an outdoor community theatre ($500 000);

- new sidewalks in Sundridge's town centre and a new shelter in Sundridge Lions Park ($125 000); and

- improvements to the downtown areas of Rosseau, Humphrey and Orrville in the Township of Seguin, which will include, among several projects, new signage, fencing and landscaping ($745 000).

These new announcements are part of the Government of Canada's $50-million

G8 Legacy Infrastructure Fund, founded in February 2009 and dedicated to infrastructure improvements and civic projects that will create a lasting legacy for the Parry Sound-Muskoka area. This strategy of prudent short-term stimulus for longer term benefit corresponds with Canada's Economic Action Plan to strengthen Northern Ontario communities.

The 2010 G8 Summit will generate significant economic benefits for the region and the province, and it will be an exceptional opportunity for Canada to shine on the world stage.

The G8 is composed of eight of the world's leading economic powers: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States. The annual summit is an opportunity for the leaders of the G8 countries to meet face to face and develop common approaches to current challenges facing the world.

Contact Information

  • Office of the Honourable Tony Clement
    Minister of Industry
    Pema Lhalungpa - Press Secretary
    Industry Canada
    Media Relations