McGuinty Government Investment Means Jobs In Construction, Tourism
TORONTO, June 12 /CNW/ -
Ottawa's construction industry will get a shot in the arm now that
construction of the new Ottawa Convention Centre (OCC) is underway. The
redevelopment is expected to create the equivalent of 560 full time jobs
Once complete, the new convention centre will give tourism a boost in the
national capital region, attracting thousands of visitors and generating an
estimated $82.4 million in annual revenues.
The new OCC is an important investment in the short and long-term success
of Ottawa's economy. Ontario is contributing $50 million to the project and
the federal government is matching that commitment, with another $40 million
from the City of Ottawa.
Premier Dalton McGuinty joined a long list of dignitaries to break ground
on the convention centre, marking a major milestone in the city's quest for a
new meeting space. The new centre will help Ottawa compete with cities around
the world for lucrative convention business. The new building will be three
times the size of the original, with 200,000 square feet of meeting space and
the ability to accommodate up to 5,000 visitors.
"The new Ottawa Convention Centre will help us showcase this vibrant city
and beautiful province to our visitors. It will spur substantial economic
activity and promote our nation's capital as a world-renowned meeting place."
- Dalton McGuinty, Premier of Ontario
"Today marks an important step towards a brand new Ottawa Convention
Centre. It will be a catalyst for the local economy and help to ensure that
Ottawa is well placed to build upon its reputation as a destination of choice
for business travellers and tourists alike."
- Monique Smith, Minister of Tourism
- Spending by convention visitors in Ontario in 2007 reached more than
$1 billion. The average person attending a convention spends $380 per
visit - more than double the spending of the average visitor to
- Bookings at the new OCC are already ahead of projections, with 52
conventions and conferences already scheduled, including 10 per cent
from outside Canada.
- The new Ottawa Convention Centre is being built on the same site as
the original. About 90 per cent of the rubble from the redevelopment
will be recycled, with much of it being reused in the new building.
Read more about the new Ottawa Convention Centre
Plan your next visit to Ottawa (http://www.ottawacongresscentre.com/).
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For further information:
For further information: Premier's Media Office: (416) 314-8975