Regional Development Corporation

Groundbreaking ceremony takes place at Atlantic Baptist University (09/09/28)

NB 1427

Sept. 28, 2009

MONCTON (CNB) - A groundbreaking ceremony for a new educational facility at Atlantic Baptist University took place on Saturday. Post-Secondary Education, Training and Labour Minister Donald Arseneault, Saint John MP Rodney Weston and Brian D. MacArthur, president and vice-chancellor of the university, took part.

(Multimedia)

"Atlantic Baptist University plays an important economic and educational role in the Greater Moncton area," said Arseneault. "We are pleased that it has received provincial and federal funding for a much-needed expansion of it's current facility."

Arseneault participated on behalf of Business New Brunswick Minister Victor Boudreau, who is also minister responsible for the Regional Development Corporation.

Funding for the new educational facility is part of a $12-million investment in Atlantic Baptist University. Project funding is cost-shared between Industry Canada, which is investing $6 million through its Knowledge Infrastructure Program (KIP), and the Regional Development Corporation, which is also investing $6 million.

New Brunswick is receiving $49 million through KIP, with $36.8 million going to universities, and $12.25 million going to the New Brunswick community college system.

"The Government of Canada is investing in innovation and infrastructure to promote employment, help our economy recover quickly, and improve the quality of life of Canadians," said Weston. "These investments are creating jobs for people now, while providing the infrastructure that the Atlantic Baptist University needs for years to come."

"We are grateful for the involvement of both the province and the Government of Canada in this project," said MacArthur. "Construction of our new educational facility will not only create an immediate benefit in terms of economic stimulus, but enable the university to better equip current and future students as it contributes more significantly to post-secondary needs within our region, adding greater diversity and choice within the university marketplace."

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MEDIA CONTACTS: Bruce Macfarlane, corporate secretary, Regional Development Corporation, 506-444-4606; Crystal Wheaton, communications co-ordinator, Atlantic Baptist University, 506-858-8970, ext. 132.

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