November 2, 2022 · Sydney, Nova Scotia · Atlantic Canada Opportunities Agency (ACOA)
The economic opportunities in Atlantic Canada are as varied and diverse as its communities. The Government of Canada supports organizations that build on existing local strengths to attract more visitors and events, and build a more resilient, inclusive economy.
Today, Mike Kelloway, Parliamentary Secretary to the Minister of Fisheries, Oceans and the Canadian Coast Guard and Member of Parliament for Cape Breton-Canso, announced a non-repayable contribution of $65,975, through ACOA's Innovative Communities Fund (ICF), to the Cape Breton Drag Racing Association (CBDRA). The announcement was made on behalf of the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA.
This contribution is helping the CBDRA add a full-time power supply, upgrade wiring, and enhance lighting, safety and security at the Cape Breton Dragway in Sydney. A fifth racing lane is being added and key areas of the track repaved. Computer controlled digital scoreboards are also being purchased to provide instant race results. The upgrades are expected to be complete by the end of the year and will support the racetrack in becoming a National Hot Rod Association (NHRA) sanctioned facility. With this designation, the motorsports racing group will be able to host larger scale events, draw more spectators and generate more revenue for local businesses in Cape Breton.
This announcement further demonstrates the Government of Canada's commitment to working with communities to find opportunities for growth and build a stronger local economy.
