News Release
For immediate release
Kensington’s new business park is officially open
Kensington, Prince Edward Island, November 18, 2022 – Today, Heath MacDonald, Member of Parliament from Malpeque,; the Honourable Matthew MacKay, Minister of Social Development and Housing, on behalf of the Honourable Bloyce Thompson, Minister of Economic Growth, Tourism and Culture, and His Worship Rowan Caseley, Mayor of Kensington, announced the official opening of the new business park in Kensington, Prince Edward Island.
Residents of Kensington and area will benefit from growth in the local business community. The project encourages economic development and will help new and established companies to create new employment opportunities on Prince Edward Island. With support from the Government of Canada and the Government of Prince Edward Island, Kensington’s new business park includes 38 new full-service business lots, including 3-phase power, centralized water and wastewater, curb and gutter storm sewer, and telecommunications/Fibre Op.
The project saw investments from the Government of Canada of more than $2.05 million through the Canada Community-Building Fund, and $700,000 from the Government of Prince Edward Island. The Town of Kensington invested just over $3 million in the project.
Quotes
“The new Kensington Business Park offers additional opportunities for companies to grow and thrive right here in Kensington. As the Town of Kensington continues to expand, it’s important that we ensure they have the infrastructure and capabilities to capitalize on increasing economic opportunities. Our government is committed to helping fund modern and strategic infrastructure investments that support economic growth and local businesses for many generations to come.”
Heath MacDonald, Member of Parliament for Malpeque, on behalf of the Honourable Dominic LeBlanc, Minister of Intergovernmental Affairs, Infrastructure and Communities.
“Investment into the Kensington business park builds on our government’s commitment to strengthen the Island’s economy, and to provide opportunity for growth in our commercial sector. Rural communities are vital to the long-term sustainability of Prince Edward Island, and we will continue to support rural areas through strategic investment.”
The Honourable Matthew MacKay, Minister of Social Development and Housing, on behalf of the Honourable Bloyce Thompson, Minister of Economic Growth, Tourism and Culture.
“This project represents the cumulative work by town council over the last few years. Federal and Provincial government support for this project will help grow our business community and will provide more services, amenities and jobs for residents of Prince Edward Island; it will broaden our tax base so we can continue to provide services that contribute to the high quality of life in the Kensington area.
His Worship Rowan Caseley, Mayor of the Town of Kensington
Comments are closed.