📋 Tender Overview
Government of Canada investments support clean inclusive recovery and long-term economic growth A key part of Canadas economic recovery is supporting businesses as they adapt grow and move forward from the COVID-19 pandemic. Small and medium-sized businesses and the organizations that support them represent the backbone of regional economies. They generate quality local jobs and are a source of pride for their communities. To do so businesses and entrepreneurs need a strong foundation built on technological innovation inclusivity and clean growth to create the workforce of the future.Federal investments support business growthToday the Honourable Lawrence MacAulay Minister of Veterans Affairs and Member of Parliament for Cardigan announced a total investment of 757500 through the Jobs and Growth Fund for two projects in Eastern PEI that will create new jobs in the region. The announcement was made on behalf of the Honourable Ginette Petitpas Taylor Minister of Official Languages and Minister responsible for ACOA.Frontier Power Systems Inc. is receiving a 650000 repayable contribution to support the commercialization of its advanced winddiesel power system. The investment will assist in the production of next generation wind turbines and a battery energy storage system that will be deployed in a commercial remote micro-grid demonstration project.Eastern Farms Ltd. is receiving a 107500 repayable contribution to support investment in automation for its potato packaging line. The new equipment will increase production capacity and support long-term growth for the company while improving employee safety by reducing reliance on physically demanding processes.Launched in July 2021 the Jobs and Growth Fund JGF provides 700 million over three years to Canadas regional development agencies to support a regional response and stimulate economic recovery following the COVID-19 crisis by investing in projects that will help to create jobs. Through JGF the Government of Canada aims to support the transition to a green economy foster an inclusive recovery enhance competitiveness and create jobs in every corner of the country. QuotesThe vitality of our business communities across Atlantic Canada is key to our economic recovery. Well continue to invest in our local businesses and the organizations that support them to create good jobs support inclusive and clean growth opportunities and build resiliency for years to come.- The Honourable Ginette Petitpas Taylor Minister of Official Languages and Minister responsible for ACOACompanies across eastern PEI continue to innovate and modernize to support jobs and growth in our communities. The Government of Canada is ensuring programs are in place to support vital rural-based businesses like these as we work together to create more economic opportunity in our region.- The Honourable Lawrence MacAulay Minister of Veterans Affairs and Member of Parliament for Cardigan
