Thursday, 12 April 2018 06:31

Southern Alberta communities benefit from CARES program

Written by  Prairie Post
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Several southern Alberta communities will be pushing forward with their economic projects after receiving approval from the provincial government through the third intake of its CARES program, it was announced on April 9.

Through the CARES program, communities across the province apply for funding to help pay for locally developed projects that promote long-term growth and diversification, particularly projects that communities and municipalities could not necessarily fund on their own.
Sixty-two projects throughout the province have received approvals. The 62 projects are receiving approximately $3.9 million in funding.
This is in addition to the 111 projects that received close to $9 million through the first two intakes of the program.
"We launched the CARES program two years ago so local leaders could build on their economic strengths and create new jobs. This funding will help communities with common interests tackle projects that they might not have been able to alone. With more than 170 CARES initiatives across the province, we are growing and diversifying our economy. That’s why, in addition to supporting the latest round of projects, Budget 2018 will extend the CARES program for two more years - as we work together to build a recovery that will last," said Economic Development and Trade Minister, Deron Bilous.
Some of the southern Alberta projects that are receiving funding include:
-Fort Macleod Community Aquaponic Greenhouse for its Growing for the Future project; $16,300 for the support of a schematic design and design development (Phase 1) of a passive greenhouse using aquaculture food production
-Municipal District of Acadia no. 34 for its Irrigation Feasibility project; $56,250 to update a 12-year-old feasibility study on farmland irrigation focusing on climate change resiliency, efficiency, technology advancement, and market analysis
-Paintearth Economic Partnership Society for its Small Business Sustainability REACH initiative at Castor; $62,250 for the development of a small business sustainability initiative, intended to support existing small businesses
-Palliser Economic Partnership for its Southeast Alberta Broadband Network Feasibility study; $20,000 to conduct a broadband study on leveraging dark fibres as an alternative means to accessing high-quality bandwidth more affordably.
Town of Claresholm for its Planning for Growth industrial land study; $87,500 to conduct an industrial land study through a number of sub-projects including an area structure plan, concept plan, and market study
-Town of Pincher Creek for its Energizing the Future of Pincher Creek project; $89,543 to expand tourism opportunities related to the newly announced Castle Parks region
-Town of Raymond for Ignite Raymond- Conception to Expansion; $61,750 to develop the downtown redevelopment plan and the strategic economic development plan that will guide the town's economic development and expansion
-Town of Taber for its economic development strategy; $25,000 for the development of an economic development strategy for the region and implementation of three initiatives identified in the Strategy

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