Regional Development Corporation

Federal, New Brunswick governments invest in upgrades to Keswick Valley Regional Arena (09/10/05)

NB 1493

Oct. 5, 2009

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(Multimedia)

BURTTS CORNER (CNB) - The federal and New Brunswick governments are joining the Keswick Valley Regional Arena Inc. in investing a total of $71,482 to upgrade the Keswick Valley Regional Arena in Burtts Corner.

Finance Minister Greg Byrne and Tobique-Mactaquac MP Mike Allen made the announcement on Saturday.

"The Province of New Brunswick is proud to be a partner in this community project," said Byrne. "These infrastructure upgrades will allow our people to continue to be active, and our communities to continue to thrive."

Byrne was speaking on behalf of Business New Brunswick Minister Victor Boudreau, who is also the minister responsible for the Regional Development Corporation

"Our government's economic action plan is taking fast action to reduce the effect of the global economic slowdown," said Allen. "This investment will add to the quality of life of residents in Burtts Corner and in surrounding communities in Keswick Valley."

Allen was speaking on behalf of Keith Ashfield, minister of state for the Atlantic Canada Opportunities Agency (ACOA).

The federal government is contributing $25,264 through the Recreational Infrastructure Canada (RInC) Program, a key economic stimulus initiative under Canada's Economic Action Plan. The provincial government is investing $20,000, while the Keswick Valley Regional Arena Inc. is providing the additional $26,218 required to complete the project.

The project will enable Keswick Valley Regional Arena Inc., a non-profit charitable organization that administers the indoor facility, to replace the existing dehumidifiers and upgrade the lighting in the arena. The upgrades are expected to reduce the energy costs associated with the operation of the facility.

"The funds provided by the federal and provincial governments make the additional upgrades to our arena possible," said Ed Gill, chairman of the Keswick Valley Regional Arena Inc. "Without funding to small non-profit organizations in non-incorporated areas such as this, our ability to operate and maintain a facility would be very difficult. It is nice to see our tax dollars being spent on the youth of our region."

Canada's Economic Action Plan is providing $500 million over two years for the RInC program to support the upgrading and renewal of recreational facilities in communities across the country. RInC is delivered in Atlantic Canada by ACOA.

Under RInC, the federal government will fund up to 33 per cent of eligible costs. The remaining funding is provided by the provincial, territorial and / or municipal governments and other partners. The federal contribution to any project receiving funding under the program is not to exceed $1 million. Projects are selected on the basis of merit and construction readiness; they must be completed before March 31, 2011.

09/10/05

MEDIA CONTACTS: Bruce Macfarlane, Regional Development Corporation, 506-444-4606; Erin Filliter, communications, Office of the Minister of State (ACOA), 613-941-7241; Lisa Gautreau, communications, ACOA-NB, 506-452-3118.

09/10/05