Infrastructure Canada

Infrastructure Canada
GOVERNMENT OF NEW BRUNSWICK

GOVERNMENT OF NEW BRUNSWICK

February 22, 2008 13:00 ET

The Government of Canada and the Province of New Brunswick Announce Support for a New Conference Centre in Downtown Fredericton

FREDERICTON, NEW BRUNSWICK--(Marketwire - Feb. 22, 2008) - The Government of Canada and the Province of New Brunswick today announced the construction of a new state-of-the-art conference centre in downtown Fredericton would be considered a priority for joint funding under Building Canada, the Government of Canada's new long-term infrastructure plan.

The Honourable Greg Thompson, Minister of Veteran Affairs, on behalf of the Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, the Honourable Shawn Graham, Premier of New Brunswick, and Norah Davidson-Wright, Deputy Mayor of the City of Fredericton, participated in today's announcement.

"The Fredericton Conference Centre will promote national and international business in the region as well as tourism, and will provide more job opportunities," said Minister Thompson. "Through Building Canada, the federal government is delivering results for the people of New Brunswick. This is a major announcement of funding for the capital city of New Brunswick, one that will have a significant economic and regional impact."

"The Province of New Brunswick is proud to be a key player in this important project which will help transform our economy," said Premier Graham. "We must invest in infrastructure such as the Fredericton Conference Centre that will spur economic development, attract new employers to our province and promote tourism and culture which play a vital role in achieving self-sufficiency."

Under Building Canada, up to $8-million in combined funding from both levels of governments would be considered towards the eligible costs of constructing the $24.2 million downtown conference centre. The City of Fredericton will be responsible for the remaining $16.2-million towards the initiative.

"The conference centre is a vital component of our East End Development Project," said Fredericton Mayor Brad Woodside. "On behalf of my fellow councillors and all citizens of Fredericton I want to thank the federal and provincial governments for their financial contribution to this project."

As part of the City of Fredericton's East End Development project, the 66,000 square foot conference centre will be capable of accommodating 1,000 seated persons, and 1,500 persons in a stand-up concert style setting. It will include additional features such as meeting rooms, a ballroom, a business centre, a commercial kitchen, teleconferencing, and multi-media facilities. The East End Development project incorporates a flexible multi-purpose event and conference centre, connected and integrated with a new office building and parking structure.

Federal financial support is conditional on the initiative meeting all applicable federal eligibility requirements under the Building Canada infrastructure plan, the successful negotiation between the Governments of Canada and New Brunswick of any necessary funding agreements, and the City demonstrating it has secured its share of the remaining funding. Moving forward, the Province will now have to formally propose the initiative for funding to the federal government under the Building Canada Plan.

Through its unprecedented $33-billion Building Canada infrastructure plan, the Government of Canada provides long-term, stable and predictable funding to help meet infrastructure needs across Canada. Building Canada supports a stronger, safer and better country.

For further information on the Building Canada plan, visit www.buildingcanada.gc.ca

Contact Information

  • Office of the Minister of Transport,
    Infrastructure and Communities
    Karine White
    Press Secretary
    613-991-0700
    or
    Infrastructure Canada
    613-948-1148
    or
    Regional Development Corporation
    Bruce Macfarlane
    Corporate Secretary
    506-444-4606
    or
    Office of the Premier
    Marie-Andree Bolduc
    Press Secretary
    506-444-2286