Wasaga Beach, Ontario - Hon. Helena Guergis, P.C., M.P. for Simcoe-Grey, today announced that the complete reconstruction of a 330m stretch of road at 40th Street in Wasaga Beach are moving forward thanks to an investment of $743,835 from the Community Adjustment Fund (CAF) in Southern Ontario.
“Under the Leadership of Prime Minister Stephen Harper, our government has committed to act quickly to provide the specialized support that our communities need during these uncertain economic times. Through our Economic Action Plan, we are taking action to simulate the economy, and create jobs in communities like Wasaga Beach. ”said Hon. Helena Guergis, P.C., M.P. “The funding for this project is one of 90 projects that we are announcing worth a total federal investment of up to $102 million dollars. I am pleased to deliver this funding and I look forward to continue working with Mayor Patterson and our municipal leaders on more ways to create jobs and strengthen our local economy.”
Mayor Patterson commented, “on behalf of Members of Council of the Town of Wasaga Beach, we are excited and extremely pleased with the funding the municipality has received under the Community Adjustment Fund. The reconstruction project will allow for principle bus access into Worsley Elementary School, sidewalk construction for pedestrian safety and pedestrian access to Worsley Elementary School, urban road linkage between the Mosley Street urban renewal project and recently completed residential Pine Valley subdivision and drainage improvements to an existing residential neighborhood.”
These projects were part of the up to $102 million investment made through the Community Adjustment Fund for 2009-2010, announced on August 27 by the Honourable Gary Goodyear, newly appointed Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). It is the government's intention to support a total of 90 projects in communities across Southern Ontario that are struggling with the effects of the global economic downturn.
Approved projects must meet the terms and conditions set out in their funding agreements. A complete list of approved projects in Southern Ontario will be made available online at
www.ic.gc.ca/caf on September 10, 2009.
Applications for 2010-2011 CAF project funds will be accepted by FedDev Ontario later this year. A public announcement will be made once details are finalized.
CAF is just one in a series of initiatives introduced in the Government of Canada’s Economic Action Plan designed to address the short-term effects of the economic decline on communities across Canada, while preparing our communities for long-term growth. For more information on Canada’s Economic Action Plan, please visit
www.actionplan.gc.ca.
