In­vest­ing in Fogo

Tourism, fish­ery in­dus­tries tar­geted for de­vel­op­ment

The Beacon (Gander) - - Front page - BY JOSH HEALEY Twit­ter: @joshrjhealey josh.healey@gan­der­bea­con.ca

Tourism, fish­ery in­dus­tries tar­geted for de­vel­op­ment.

FOGO ISLAND, NL – Both the fed­eral and pro­vin­cial gov­ern­ments have an­nounced fund­ing to help fa­cil­i­tate eco­nomic growth on Fogo Island, shar­ing the news via press re­lease.

Scott Simms, MP for Coast of Bays-Cen­tral-Notre Dame, an­nounced the At­lantic Op­por­tu­ni­ties Agency (ACOA) would be in­vest­ing nearly $324,000 into the island.

“The Gov­ern­ment of Canada is work­ing with com­mu­nity and busi­ness part­ners to cap­i­tal­ize on op­por­tu­ni­ties in tourism and the fish­ery to cre­ate new em­ploy­ment and eco­nomic growth,” said Simms.

Fur­ther­more, the Depart­ment of Tourism, Cul­ture, In­dus­try and In­no­va­tion (TCII) also promised a con­tri­bu­tion of $100,000 for projects.

With these in­vest­ments, the Town of Fogo Island is plan­ning to up­grade and ex­pand its net­work of hik­ing trails.

The Fogo Island Co-op­er­a­tive So­ci­ety Lim­ited is plan­ning to use its share of the money to de­velop in­ter­na­tional mar­kets for sea cu­cum­ber in an at­tempt to di­ver­sify the fish­ery.

Der­rick Bragg, MHA for Fogo Island-Cape Freels, said he was pleased by the in­ter­gov­ern­men­tal co­op­er­a­tion.

“These in­vest­ments in Fogo Island are an ex­cel­lent ex­am­ple of what can be achieved when our fed­eral and pro­vin­cial gov­ern­ments work to­gether,” said Bragg. “I am look­ing for­ward to the up­graded net­work of trails, and the busi­ness de­vel­op­ment that will take place at the Fogo Island Co-op­er­a­tive So­ci­ety Lim­ited.”

JOSH HEALEY/THE BEA­CON

A tourist walks in front of the renowned Fogo Island Inn.

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