The City of Brandon will receive $29,580 to help attract, retain and expand foreign direct investment in Brandon.
“Both the federal government and municipalities share the objective of bringing new investment to communities across Canada,” Brandon-Souris Conservative MP Merv Tweed said.
“That is why we are proud to support activities to attract investment. In these globally challenging times, we will continue to support initiatives that help bring jobs and prosperity to the people of Brandon-Souris.”
The funding, which was announced nationally on October 1, is provided under the Invest Canada-Community Initiatives (ICCI) program to help communities, organizations and economic development agencies across the country attract, retain and expand foreign direct investment. The program supports municipalities, non-profit organizations and public-private groups at the local level and works through partnerships and cost-sharing arrangements.
Since 2006, the ICCI program (formerly known as the Community Investment Support Program) has supported 394 municipalities and community organizations through 863 projects in every region of Canada.
Republished from the Brandon Sun print edition October 12, 2012