Bob Mills, Member of Parliament for Red Deer, on behalf of the Honourable Rona Ambrose, President of the Queen's Privy Council for Canada, Minister of Intergovernmental Affairs and Minister of Western Economic Diversification, and the Honourable Luke Ouellette, Minister of Infrastructure and Transportation and MLA for Innisfail-Sylvan Lake, announced the funding through the Canada-Alberta Municipal Rural Infrastructure Fund (CAMRIF).
"The construction of the Penhold multiplex is an investment in the quality of life for Penhold residents and the surrounding communities," said MP Bob Mills. "This long-term infrastructure investment will provide residents with increased access to fitness and recreational facilities that encourage healthy living."
This investment is directed towards Phase I construction of the multiplex facility, which will include a regulation size rink, seating, dressing rooms, a walking track and multi-function room. The facility will offer increased recreational opportunities and improved access to programs and services for seniors and residents with disabilities. Once completed, 25,000 users per year are expected to use the Penhold Regional Multiplex facility.
"This new multi-use facility will have a very positive impact on the economic vitality of the community and the quality of life of Penhold's residents," said Ouellette. "It also reflects Premier Ed Stelmach's plan to secure Alberta's future by building communities, greening our growth and creating opportunity."
Under the initial CAMRIF Agreement signed in June 2006, the federal and provincial governments each committed $88 million to the fund, with participating local governments expected to make up the remaining costs. This year, the Government of Canada and the Province of Alberta have each provided an additional $19 million to the Canada-Alberta Municipal Rural Infrastructure Fund as part of their commitment to help smaller communities meet their pressing infrastructure needs. The total amount available from the CAMRIF, with federal and provincial investment and matching local government contribution in projects, is $321 million.
A minimum of 55 per cent of funding under CAMRIF targets green infrastructure projects that contribute to community economic development and environmental quality of life. These include water, wastewater, solid waste, environmental energy improvements and public transit. The fund also invests in recreational infrastructure, tourism, cultural projects, local roads and broadband connectivity. Projects are selected on a competitive basis from applications received from Alberta communities. See full News Realease: http://www.gov.ab.ca/acn/200712/22799F87C65A1-0982-AAEF-E4A346C28F935444.html
Congratulations Penhold. This is a tremendous project that will benefit all that live and work in the area.