Businesses, towns get thousands in government grants

Businesses, towns get thousands in government grants

Three businesses and three towns on the isthmus of the Avalon Peninsula are splitting hundreds of thousands of dollars in government grants.

The federal and provincial governments and municipalities are putting money into seven different projects in Chance Cove, Arnold's Cove, Chapel Arm and Come by Chance.

A big portion of the money will be spent on town water systems: Chance Cove will be getting a new artesian well system, and Arnold's Cove and Come By Chance will see upgrades.

Companies also get shot in the arm

Ameil Constructors in Come by Chance will get a $500,000 loan from the Atlantic Canadian Opportunities Agency, and a $100,000 grant from the provincial government to expand.

Icewater Seafoods in Arnold's Cove is getting a $50,000 grant from the federal government for new software systems.

"The Government of Canada is making strategic investments like those announced today, to build on competitive regional advantages and support diversification of our communities," Navdeep Bains, the federal minister for ACOA, said in a statement.

"We will continue to help Atlantic Canadian businesses grow, innovate and export so that they can create good quality jobs and generate wealth for Canadians in this region."  

Mark Browne, MHA for Placentia West-Bellevue, said the money will help create jobs in the region.