Providing support to complete the development of the Caledon Community Complex, while stimulating local economy
Bolton, Ontario — David Tilson, Member of Parliament for Dufferin-Caledon, today announced that a significant project in Caledon is moving forward thanks to an investment of $7 million, to stimulate the local economy under the Community Adjustment Fund (CAF) in Southern Ontario.
The approved project is the “Phase Two” expansion of the Town of Caledon’s Caledon Community Complex, which will complete the twinning of the Caledon East Arena. The funding support for this project was recently announced under the Community Adjustment Fund, which will create immediate employment opportunities and support the local economies in communities throughout Southern Ontario with populations of fewer than 250,000 that rely heavily on manufacturing and natural resources.
“This is a very exciting day for Caledon. I know how important this project is for our community and I have been pleased to work with Mayor Morrison and the Town of Caledon to make this happen. It will not only create jobs and stimulate our local economy, but will contribute to the long-term health and well-being of the community,” said Mr. Tilson.
“Currently demand for ice time in Caledon exceeds our supply,” said Mayor Marolyn Morrison. “This announcement is very exciting, and I would like to thank MP Tilson for his work and assistance in securing this funding. This project has been identified as a community need in our Recreation Masterplan. Completing this project will add to our current supply, and enable us to meet the growing demand.”
This project was part of the up to $102 million investment made through the Community Adjustment Fund for 2009-2010, announced on August 27, 2009, 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 have been 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.