Canadian Government Invests in Economic Development

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1006952 provincial court buildings 135x100 Canadian Government Invests in Economic DevelopmentOn September 28th, 2009 it was announced by the Government of Canada that there will be support to strengthen economic opportunities across Manitoba.

This will be done by investments being made into 6 projects that will help ensure that the communities succeed during the time of economic slowdown and will remain prosperous in the future.

The six projects will be representing investments in rural communities and sustainable agricultural research.

Federal funding of %7,186,783 will be provided through the Community Adjustment Fund (CAF) as part of Canada`s Economic Action Plan.

The Province of Manitoba will be providing funding of $5,057,500.

The Community Adjustment Fund (CAF) is a two year, $1 billion national program which will be providing economic stimulus by supporting projects to create jobs and maintain employment in rural communities.

This announcement continues to show what the Province of Manitoba is taking to support economic growth as it invests $1.6 billion in 2009 into infrastructure.

The projects will ultimately help make Manitoba a better living environment, and bring about an increase in population as people will continue to look for jobs, and move to where there is work.

Glen Chapman
Broker of Record with Club “100″ GMAC Real Estate
www.club100realestate.com

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Author : Matt Goulart

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