Today, the Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, announced a contribution of $267,172 on behalf of the Government of Newfoundland and Labrador for the Codroy Valley Area Development Association to upgrade the infrastructure required to install three-phase power in the region.
Improvements to infrastructure in the Codroy Valley will help improve services for residents and tourists, as well as drive economic growth.
In addition, the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister Responsible for ACOA, Government of Canada, announced a non-repayable contribution totalling $730,275 to help replace the outdated power infrastructure. An additional $125,741 will be provided by the Codroy Valley Area Development Association and their partners.
The new system will replace the current two-phase powerline that is outdated and at maximum capacity. The project will support industrial growth, port electrification and boost tourism development and services offered in the region.
Quotes
“Ensuring that regions have the necessary infrastructure to support business and economic development is fundamental to prosperity. This initiative for the Codroy Valley area is important for the growth being seen in tourism and for economic development in the region.”
Honourable Andrew Parsons, KC
Minister of Industry, Energy and Technology
“This is a great investment in the future of the Codroy Valley. It allows for expansion of new and existing economic activities. I am very pleased such a significant improvement is being made in the infrastructure in this area.”
Honourable Scott Reid
Minister Responsible for Indigenous Affairs and Reconciliation and MHA for St. George’s-Humber
“Our small communities are the backbone of the southwest coast. By investing in infrastructure, including improved power capacity, your federal government is supporting the Codroy Valley area businesses to expand and employ more folks who call that beautiful area home.”
Honourable Gudie Hutchings
Minister of Rural Economic Development and Minister responsible for ACOA
“The Codroy Valley has long been a hidden gem of incredible natural beauty in Newfoundland. As a community, we are working together to lay the groundwork, preparing the Codroy Valley to become Newfoundland’s next premier, must-visit destination. With this electric power infrastructure upgrade and the enhancement of the Starlite Trail – which will soon become one of the province’s best hiking trails – we are paving the way for a brighter, more vibrant future for our region.”
Ron Laudadio, Board Chair
Codroy Valley Area Development Association
-30-
Learn more
Regional Economic DevelopmentCodroy Valley Area Development Association