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INTEGRATED STRATEGIC FRAMEWORK FOR ECONOMIC PROSPERITY OFFICIALLY LAUNCHED
SYDNEY (NS) – April 20, 2012 – With support from the Government of Canada, an Integrated Strategic Framework for Economic Prosperity has been developed to guide future economic activities in Cape Breton and Mulgrave. Details of the Prosperity Framework were launched today at a luncheon meeting hosted by the Cape Breton Partnership.
“Creating jobs and growing the economy remain our Government’s top priorities,” said the Honourable Peter MacKay, Minister of National Defence and Regional Minister for Nova Scotia, on behalf of the Honourable Bernard Valcourt, Minister of State for ACOA and La Francophonie. “Cape Breton and Mulgrave are well-positioned to build on their competitive advantages to establish a strong and diversified economy. Our Government is pleased to assist with this process that enables the community to build on its strengths to chart a course for economic development.”
The Government of Canada has provided $418,165 toward the development of the Prosperity Framework and its implementation over the next three years. Under the leadership of the Cape Breton Partnership, various economic development organizations, private businesses and community stakeholders have joined forces to build a vision for economic growth and prosperity. The Prosperity Framework identifies the focus and integration that will be required to advance Cape Breton-Mulgrave’s economy in the near and long-term.
Stakeholders, business, government and community leaders from across the region were consulted in order to develop the Framework’s recommendations. These include an economic base analysis, vision statement, list of target sectors, an outline of programming offered by various economic development agencies and suggested measurements for monitoring progress. Stakeholders and funding agencies have committed to the Framework’s implementation and will meet regularly to review their progress.
“The Framework explicitly recognizes collaboration as an essential component for economic development,” said Keith MacDonald, Executive Director of the Cape Breton Partnership. “Despite challenges, many economic opportunities are on the horizon and it is important for all of us to work together with a focused and collaborative approach to growing the economy”.
Enterprise Cape Breton Corporation offers programs in support of economic development initiatives and is responsible for delivering ACOA’s programs on Cape Breton Island and in the Mulgrave area.
Keith MacDonald, Executive Director
Cape Breton Partnership
902 562 7182
902 565-8577 (Cell)
902 564 3617