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Government of Canada Investment Supports New Business Attraction Efforts on West Coast

Corner Brook Port Corporation renovating former gypsum plant to attract new business in emerging growth sectors

July 28, 2015 - Corner Brook, N.L. – Atlantic Canada Opportunities Agency


Corner Brook Port

The Corner Brook Port Corporation (CBPC) will renovate an existing waterfront building to support its business attraction efforts, thanks in part to an investment from the Government of Canada.  The Honourable Rob Moore, Regional Minister for Newfoundland and Labrador and Minister of State (Atlantic Canada Opportunities Agency), today announced federal funding of more than $1.4 million for the project.

The CBPC will refurbish the approximately 100,000 square foot former gypsum manufacturing plant located at the Port of Corner Brook.  The investment from the Government of Canada will assist in making the building suitable for a variety of industrial uses.  These facility upgrades support the Corporation’s business attraction efforts which focus on promoting the port’s strategic location, existing port infrastructure, deep water and year-round access to develop opportunities in key economic growth sectors.

The CBPC was established to ensure the growth and development of the Port of Corner Brook by providing a high quality ocean transportation and distribution link to serve the needs of Western and Northern Newfoundland and Labrador.  An important part of the CBPC’s mandate is to pursue projects which have the potential to increase activity at the port as well as generate economic activity in the region.

Quick Facts:

  • The CBPC is an incorporated, non-profit organization that works to ensure the long-term sustainability and viability of the port as a commercial operation that can positively impact the economic well-being of the region.
  • Government of Canada funding of $1,401,000 was provided for this project through ACOA’s Innovative Communities Fund.
  • The CBPC renovation will create space suitable for businesses in sectors such as manufacturing and fabrication as well as businesses pursuing emerging opportunities in the energy, oil and gas, and minerals industries in Western Newfoundland.

Quotes:

“Our Government is pleased to support the Corner Brook Port Corporation in its efforts to attract new business to the area and to take advantage of emerging opportunities. Strengthening this type of infrastructure complements the strategic competitive advantages of the Port of Corner Brook and is key to providing new business and employment opportunities for the region.”

-        The Honourable Rob Moore, Regional Minister for Newfoundland and Labrador and Minister of State (Atlantic Canada Opportunities Agency)

“Part of Corner Brook Port Corporation’s long-term plan is to develop land and infrastructure to encourage investment and stimulate economic activity in Corner Brook and Western Newfoundland.  Expanding and modernizing our port is a critical component of attracting new port users and tenants to Corner Brook.  We are very pleased with the Federal Government’s support of this project which will result in a diverse port facility that is flexible and adaptable to users in multiple sectors.

-         Verbon Hewlin, Board Chair, Corner Brook Port Corporation

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Contacts:

Kelsie Corey
Director, of Communications
Office of the Honourable Rob Moore
Atlantic Canada Opportunities Agency
613-941-7241
Kelsie.Corey@canada.ca

Julie Afonso
Acting Director, Public Affairs
ACOA NL
709-772-2984
Julie.Afonso@canada.ca

Nora Fever
Business Development Manager
Corner Brook Port Corporation
709-634-6600
nfever@cornerbrookport.com