$35-Million Investment Will Boost Tourism, Create Jobs,
NIAGARA FALLS, ON, March 31 /CNW/ - Premier Dalton McGuinty announced
today that his government will provide $35 million in funding to the City of
Niagara Falls to help build a new convention centre that will attract tourists
and create jobs.
"I want to thank the people of Niagara Falls for working hard to build a
tourism industry that attracts visitors from all over the world," said Premier
McGuinty. "A new convention centre will bring even more tourists to the region
and build opportunity for businesses and families."
The government will provide $17.5 million in 2006-07 and an additional
$17.5 million in 2007-08 to support the city's plans to build a 230,000 square
foot conference and convention centre. The centre will be built using
environmentally friendly materials and will be water and energy efficient.
"Niagara Falls' vibrant tourism industry strengthens our economy and
benefits families right across Ontario," said Minister of Tourism Jim Bradley.
"By supporting the construction of this new convention centre, we are helping
to make the region a true, year-round destination."
"The new convention centre will be a jewel in Niagara's attractions
crown. This is a great day for the people of this community," said Niagara
Falls MPP Kim Craitor. "This funding shows that the McGuinty government is
committed to strengthening Niagara's tourism industry and improving the
quality of life of hardworking families."
Investing in a new convention centre in Niagara is just one way the
McGuinty government is working on the side of families and businesses to
strengthen Ontario's tourism industry.
Other initiatives include:
- Investing $12.5 million in 2006-07 to support the Toronto
International Film Festival
- Proposing to extend the retail sales tax exemption for Destination
Marketing Fees to June 30, 2008
- Committing an additional $2 million annually to the St. Lawrence
Parks Commission to support tourism and preserve heritage sites.
"Attracting visitors to our province means that more people will discover
why Ontario is the best place in the world to live, work and do business,"
said Premier McGuinty. "We're going to continue to work with industry partners
and municipalities to make sure Ontario remains a top tourist destination for
years to come."
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For further information:
For further information: Premier's Media Office, (416) 314-8975