February 20, 2008

 

DEVOLIN ANNOUNCES ROUGHLY $549,500 FOR

ECONOMIC DEVELOPMENT IN BROCK TOWNSHIP

 

BEAVERTON — Local MP Barry Devolin, on behalf of the Honourable Tony Clement, Minister of Health and Minister for FedNor, today announced a Government of Canada investment of roughly $549,500 for the South Lake Community Futures Development Corporation to build on the strengths of the regional economy and create jobs.

 

The funds are part of the $10 million announcement made earlier this week toward the renewal of the Eastern Ontario Development Program (EODP) for one year.

 

“Today’s announcement demonstrates our Government’s commitment to addressing the challenges facing businesses and residents in rural Eastern Ontario ,” said Devolin.  “Through this investment of $10 million, our Government is promoting economic development in rural Eastern Ontario that will lead to a competitive and diversified regional economy.”

 

“The Government of Canada has set out a tangible action plan to create an entrepreneurial advantage for Ontario businesses,” said Devolin. “The Eastern Ontario Development Program and the Community Futures Program are two vital components of that plan.”

 

The EODP is a Government of Canada initiative that allows rural Eastern Ontario communities to pursue the creation of a competitive and diversified regional economy through investments within five key economic development priorities – business and community development, access to capital, skills development, retention and attraction of youth, and technological enhancements.

 

South Lake Community Futures Development Corporation covers the Township of Brock and the towns of East Gwillimbury and Georgina .  To find out more about Ontario CFDCs and the EODP, visit: http://cfdc-ontario.ic.gc.ca.

 

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For more information contact:

Barry Devolin, MP       

(705) 324-2400 or (866) 688-9881