| August 19, 2010 VANCOUVER ISLAND – The positive outcome of competitive bidding means $42 million in savings is going towards an additional 21 B.C. infrastructure projects underway through the Infrastructure Stimulus Fund, including two Vancouver Island projects aimed at making roadways and walkways safer. The funding is available as the result of savings achieved through competitive bids on previously announced provincial Infrastructure Stimulus Fund highway projects. It is estimated these new projects will create more than 270 direct jobs. Of the $42 million invested, $38 million is eligible under the Infrastructure Stimulus Fund – split equally between Canada and B.C. “Whether it’s enhancing a traveller’s first impression of a ferry terminal or making a resident’s trip home from work safer, these small road projects add up to a big benefit for Island visitors and residents alike,” says Comox Valley MLA Don McRae. “In addition, taxpayers can feel good about smart provincial spending that takes their hard-earned dollars further.” "These projects not only improve vital transportation infrastructure, but also create immediate jobs to help boost the economy on the North Island," says John Duncan, Member of Parliament and Minister for Indian Affairs and Northern Development. "Our Government is committed to ensuring that Canada's Economic Action Plan continues to work for Canadians and lay a foundation for future prosperity." The two projects include:
Work has already begun in Gold River, and is expected to wrap up by October. The project in Campbell River will get underway in September and is expected to be completed by the end of November. For the latest updates on what MLA Don McRae is working on in the Comox Valley, check out his website www.donmcraemla.bc.ca For more information on federal infrastructure investments in B.C., visit www.creatingjobs.gc.ca -30- | |
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