Government Investments Boost Business and Tourism Growth in Carbonear

Atlantic Canada Opportunities Agency

Federal and provincial governments investing more than $1.17 million to revitalize downtown Carbonear

April 1, 2022 · Carbonear, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)

Atlantic Canadian municipalities and tourism operators are working hard to recover from pandemic challenges and find new approaches to deliver world-class tourism experiences. The Government of Canada is helping the Town of Carbonear to revitalize its downtown core, enhancing opportunities for economic growth and improving the quality of life of citizens.

Downtown spaces drive the economy

Today, Ken McDonald, Member of Parliament for Avalon, on behalf of the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA, announced a non-repayable contribution of $849,732 through ACOA's Innovative Communities Fund (ICF) towards Phase Two of the Town of Carbonear's Downtown Revitalization Plan. The Honourable Steve Crocker, Newfoundland and Labrador Minister of Tourism, Culture, Arts and Recreation, on behalf of the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, also announced a contribution of $326,820.

The Town of Carbonear's three-phased plan is creating an attractive and distinctive downtown and Heritage Waterfront District that displays community pride and promotes tourism and business growth. Phase One focused on improving the Carbonear Row Cultural Quarter; Phase Two of the project will focus on the redevelopment of Bannerman Street to PF Finn Street and includes enhanced sidewalks, signage, community space, murals, fixed furniture, landscaping and lighting.

Today's announcement further demonstrates the Government of Canada's commitment to drive economic growth in Atlantic Canadian communities by developing key sectors-like tourism-to attract more visitors and create jobs across the region.

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