Canada Place Corporation

Canada Place Corporation

February 21, 2011 19:16 ET

Correction: Canada Place Welcomes Prime Minister Stephen Harper to Vancouver

The Visit Marks the Completion Of the New Sails in the Roof Replacement Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2011) - The following corrects and replaces the release sent today, Feb. 21, 2011 at 3:00PM ET. The incorrect Facebook link was posted.

Canada Place was honoured to have Prime Minister Stephen Harper in Vancouver on Monday to announce the completion of the replacement of the facility's iconic 90-foot sails. Completed on time and on budget, the sail replacement will ensure Canada Place continues to thrive and generate $1 billion to the local economy each year for the next thirty years.

Canada Place began the roof replacement project in 2010. Today, all five sails have been replaced and crews are working to finish the final details. The project has created 165 jobs and will have taken over 120,000 labour hours to complete. The Government of Canada, as part of the Economic Action Plan's Infrastructure Stimulus Fund, invested $21 million in the roof replacement project supporting tourism infrastructure.

"With the strong leadership and support of the Government of Canada, the revitalization of Canada Place and its iconic five sails was made possible," said Mike Shardlow, President & CEO, Canada Place Corporation. "Funding through the Economic Action Plan has helped us ensure that Canada Place remains a symbol of national pride and hub of economic activity on the West Coast for years to come," added Shardlow. "We would also like to recognize the great work of our project team, including Ledcor Construction Ltd."

The roof replacement project is also producing important social benefits. Canada Place is pleased to announce a partnership with Architecture for Humanity Vancouver which will see the fabric from the original sails put to new and innovative uses.

As a global non-profit organization, Architecture for Humanity aims to promote architecture and design to seek solutions to global, social and humanitarian challenges. Over the coming months, Canada Place and Architecture for Humanity will engage non-profit groups, students and professionals to design uses for the 130,000 sq ft (12,000 sq meters) of fabric from the original sails. Both local and international projects will be considered. 

"The majestic sails are an internationally recognized symbol. We are thrilled that through our partnership with Architecture for Humanity Vancouver the sails will also create a legacy and benefit communities at home and around the world," said Shardlow.

ABOUT CANADA PLACE:

Located in the heart of Vancouver's downtown harbour front, Canada Place generates over $1 billion per year in economic activity and is the inspiring national landmark welcoming local residents, visitors and ships to the West Coast. Canada Place Corporation is the owner of Canada Place, and is the coordinating landlord for the organizations at Canada Place including the Pan Pacific Hotel, Port Metro Vancouver corporate offices and Cruise Ship Terminal, World Trade Centre and Vancouver Convention Centre East. Canada Place Corporation hosts a number of marquee annual community events including Canada Day and Christmas at Canada Place. Canada Place was home to the Main Press Centre for the Vancouver 2010 Olympic Winter Games and its iconic sails gained international recognition as the premiere media backdrop for the Vancouver 2010 Olympic and Paralympic Winter Games. www.canadaplace.ca

Follow us on Twitter @CanadaPlace: http://twitter.com/canadaplace

Find our Canada Place Facebook page: http://www.facebook.com/pages/Vancouver-BC/Canada-Place/216228825007

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