Updated system will increase power capacity to better support community services, businesses and key industries
August 15, 2024 · Doyles, Newfoundland and Labrador · Atlantic Canada Opportunities Agency (ACOA)
Improvements to electrical infrastructure in rural communities throughout Atlantic Canada are necessary to meet the region's changing needs, improve services for residents and tourists, and drive economic growth. The Government of Canada is investing to help replace outdated power infrastructure in the Codroy Valley on Newfoundland's west coast.
Today, the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, announced a non-repayable contribution totalling $730,275 for the Codroy Valley Area Development Association (CVADA) to upgrade the infrastructure required to install three-phase power in the region.
The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology (IET), also announced a contribution of $267,172 on behalf of the Government of Newfoundland and Labrador. An additional $125,741 will be provided by Codroy Valley Seafoods, the CVADA and the Codroy Valley Volunteer Fire Department.
The new system will replace the current two-phase powerline that is outdated and at maximum capacity. The project will drive industrial growth, support port electrification and boost tourism development and services offered in the region.
Today's announcement further demonstrates the Government of Canada's commitment to bolstering Atlantic Canada's economic development initiatives so that visitors, residents and businesses alike can discover, explore and benefit from the region's many offerings and attractions
