CANADA—ONTARIO PARTNERSHIP CREATES JOBS, STIMULATES ECONOMY IN CAMBRIDGE

June 15, 2009

Residents of Cambridge will benefit from federal and provincial infrastructure funding to rehabilitate local roads and buildings, including the Preston Auditorium and the Public Works Building announced the Hon. Gary Goodyear, Minister of State (Science and Technology), and Leeanna Pendergast, MPP for Kitchener-Conestoga. These projects are just two examples of both governments’ commitment to stimulating the Ontario economy through the creation of jobs in our communities.

“Under the leadership of Prime Minister Stephen Harper, our Government is getting shovels in the ground and flowing money faster to stimulate the economy and create jobs for Ontarians,” said Minister Goodyear. “Thanks to the strong relationship between our two governments, we can work together to help Ontario communities and the economy thrive immediately and in the future.”

“We are creating jobs and the decisions announced today will soon lead to improved transportation and enhanced facilities and services in our community. Our governments are working together to modernize infrastructure - creating a competitive advantage that attracts business and strengthens our economy today and into the future.”  said MPP Leeanna Pendergast. “Ontario is leading the way under the leadership of Premier Dalton McGuinty,”

The governments of Canada and Ontario will each invest $11.3 million dollars in Cambridge projects. The City of Cambridge will contribute the balance of the total eligible project cost of up to $11.3 million. Both the federal and provincial government will also be contributing nearly $9 million towards regional projects in Cambridge. 

“This is great news for Cambridge,” said Mayor Doug Craig. “Having all three levels of government working together to get our economy moving in the right direction is fabulous.  I am truly excited to see this level of commitment for our City.”

This project is one of many across the province that will break ground thanks to joint federal and provincial funding. The governments of Canada and Ontario have taken steps to get shovels in the ground and to flow money faster for targeted infrastructure projects starting in the 2009 construction season.