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Classified in: Tourism and vacations, Business, Covid-19 virus
Subjects: ECO, NTA, CFG

Minister Vandal launches PrairiesCan service location in Grande Prairie and announces federal investments across northwest Alberta


Over $9.4 million in federal funding for Grande Prairie and area organizations and communities announced at newest PrairiesCan service location

GRANDE PRAIRIE, AB, June 27, 2023 /CNW/ - The economic strength of northwest Alberta is vital to the resilience of Alberta's and Canada's economies. The region is home to hardworking Canadians, innovative entrepreneurs, close-knit communities, and rich Indigenous history and culture. The federal government is partnering to support the distinctive industries, businesses, problem-solvers and communities within the region and the significant contributions they make to creating good jobs.

Today, the Honourable Dan Vandal, Minister for PrairiesCan, officially unveiled a new PrairiesCan service location in Grande Prairie to enhance collaboration between Albertans and the federal government and to help capitalize on economic opportunities across northwest Alberta. The new office is located in Centre 2000, a collaborative hub that is already home to a number of economic and community-focused organizations serving northwest Alberta.

Communities throughout the Prairies have unique needs and priorities and the people who live there know how to best address them. That is why the Government of Canada is strengthening community economic development across the Prairies by opening seven new PrairiesCan regional offices, including in Grande Prairie.

As part of the launch, Minister Vandal announced more than $9.4 million in PrairiesCan investments for 23 projects to support tourism, community economic development, innovation, and economic growth across northwest Alberta.

Examples of projects that have received support include:

Projects announced today support more than 160 jobs while creating modern public gathering spaces that facilitate community-focused events and activities, enhance attractions that draw tourists to northern Alberta, and increase the production capacity for businesses manufacturing Alberta-made products.

Quotes

"Northwest Alberta plays a large part in Alberta's prosperity, which is why our government is making strategic investments so the region can continue creating and attracting high quality jobs Canadian workers can depend on. Our new service location in Grande Prairie helps PrairiesCan to work more closely with the local community to sharpen our focus on further strengthening the area's economy. This is just one more example of how our government is working in partnership with communities on the Prairies to respond to local priorities and seize new opportunities for economic growth."
?The Honourable Dan Vandal, Minister for PrairiesCan

"These projects will be great news for families, communities and businesses in Alberta's northwest. Through collaboration with PrairiesCan, municipal governments and other community partners, Alberta's government will continue to find ways to assist rural Alberta."
?The Honourable Todd Loewen, Minister of Forestry and Parks, Government of Alberta

"The establishment of a PrairiesCan service location in Grande Prairie demonstrates that our region is an engine of economic development in the province and across Canada. Having local access to federal funding opportunities will be a significant benefit to organizations and entrepreneurs in the Grande Prairie region and across Northwest Alberta. Continued investment in our strong regional economy is a significant part of what makes the County of Grande Prairie a great place to live, work, and play."
?Bob Marshall, Reeve, County of Grande Prairie

"Northwestern Alberta continues to serve as an economic engine for the nation and we are pleased to see strong investment in the region through the creation of a PrairiesCan service location in Grande Prairie. This strategic investment recognizes our economic potential, advances local economic priorities, and will continue to bolster prosperity in our community and country for years to come. We remain proud of the great entrepreneurial drive that exists within Grande Prairie and look forward to ongoing collaboration with the province, federal government, and stakeholders across industries to drive our joint success."
?Mayor Jackie Clayton, City of Grande Prairie

"This funding from Prairies Can has been critical to the museum. This injection of funds to complete and enhance projects halted by the pandemic enables the museum to recover and achieve key tourism goals of the museum, region and province. The funding will help both the museum and other tourism initiatives in the region as we collectively develop the tourism economy."
?Linden Roberts, Executive Director, Philip J. Currie Dinosaur Museum

Quick facts
Backgrounder

The Honourable Dan Vandal, Minister for PrairiesCan, officially unveiled the new PrairiesCan service location in Grande Prairie to help capitalize on economic opportunities across northwest Alberta. As part of the launch, Minister Vandal also announced more than $9.4 million in recent PrairiesCan funding for 23 projects to support tourism, community economic development, innovation, and economic growth across northwest Alberta.

The $9,409,410 in federal funding announced today provides more opportunities for growth and economic prosperity across northwest Alberta. This investment is expected to support more than 160 jobs.

The federal investment is allocated through several PrairiesCan programs, including the Business Scale-up and Productivity program, the Canada Community Revitalization Fund, the Jobs and Growth Fund and the Tourism Relief Fund.

Business Scale-up and Productivity (BSP) - $667,507

The BSP program supports high-growth businesses that are seeking to improve productivity, scale-up and commercialize technology. It offers interest-free, repayable funding to incorporated businesses that have been in operation for a minimum of two years. Today, PrairiesCan support for one BSP project was announced:

Renovate existing facilities in the Hamlet of Guy to increase capacity to produce organic honey as well as launch and market a new hot honey product.

Canada Community Revitalization Fund (CCRF) - $2,580,023

As part of Canada's COVID-19 Economic Response Plan, the CCRF helps communities across Canada build and improve community infrastructure projects so they can continue to rebound from the pandemic. With a national investment of $500 million over two years, the CCRF is helping not-for-profit organizations, municipalities, community groups, and Indigenous communities build accessible community infrastructure and revitalize existing assets, bring people to public spaces, create jobs, and stimulate local economies. Today, PrairiesCan announced support for 10 CCRF projects:

Jobs and Growth Fund (JGF) - $4,480,500

The JGF is a $700-million federal program to support regional job creation and position local economies for long-term growth. The Fund provides businesses and organizations with either interest-free loans or non-repayable funding to help job creators and the organizations that support them to prepare for growth, build resiliency, enhance competitiveness and create jobs. Today, PrairiesCan support for one JGF project was announced:

Tourism Relief Fund (TRF) - $1,681,380
As part of Canada's COVID-19 Economic Response Plan, the TRF supports tourism businesses and organizations to adapt their operations to meet public health requirements while investing in products and services to facilitate their future growth. With a federal investment of $500 million over two years, this fund is positioning Canada as a destination of choice as domestic and international travel rebounds. Financial support is a mix of interest free-loans and non-repayable contributions depending on project activities. Today, support for 11 TRF funded projects was announced:

Associated links

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Toll-Free Number: 1-888-338-9378 TTY (telecommunications device for the hearing impaired): 1-877-303-3388.

SOURCE Prairies Economic Development Canada


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