TRACADIE (GNB) – A $1.3 million investment is being made in a new commercial park in Tracadie under the Small Communities Fund.

“This important investment will assist the town with strategic infrastructure to attract and support business growth and create jobs,” said Education and Early Childhood Development Minister Serge Rousselle. “The regional municipality and the province are working in partnership with the federal government to support the local economy, green energy and the sustainability of this community.” 

Rousselle made the announcement on behalf of Environment and Local Government Minister Brian Kenny.

“The federal government understands that by building stronger communities and modernizing and developing our infrastructure, we are creating jobs and opportunities and building a better Canada for future generations,” said Sen. Rose-May Poirier. “The Small Communities Fund of the New Building Canada Fund supports economic growth from coast to coast to coast while ensuring that Canadian communities remain among the best in the world to live.”

Poirier attended the event for Infrastructure, Communities, and Intergovernmental Affairs Minister Denis Lebel.

Tracadie is establishing a new commercial park along Route 11 to accommodate large-scale business and commercial development.

The project involves installing water, storm and sanitary lines and a sanitary lift station. A charging station for electric vehicles will also be installed to promote green energy.

“We are pleased to be working with both levels of government to ensure our community is prepared for future growth,” said Aldéoda Losier, mayor of Tracadie. “We are particularly pleased to begin building the foundational infrastructure that will encourage more retail stores to come and settle here in Tracadie.”

Under the Small Communities Fund, the provincial and federal governments are partnering to jointly invest about $85 million in infrastructure over the next 10 years. Each project also receives matched funding from the community for a total investment of more than $118 million.

A total of 39 projects in New Brunswick communities will receive funding for strategic infrastructure projects that contribute to both a cleaner environment and economic growth. This is the first round of investments under the fund.

The Small Communities Fund was announced last year as part of the federal government’s 10-year infrastructure plan for communities with a population of less than 100,000. The fund was created under the New Building Canada Plan 2014-2024.

Eligible categories include highways and major roads, public transit, disaster mitigation, connectivity and broadband, innovation, wastewater, green energy, drinking water, solid waste management, brownfield redevelopment, local and regional airports, short-line rail, short-sea shipping and northern infrastructure.