As part of the Government of Canada’s ongoing commitment to improving economic development opportunities for Aboriginal people, the Government of Canada is investing in the next phase of the Grey Rocks Power Centre on the Madawaska Maliseet First Nation in New Brunswick. The funding will help with the development of a shopping mall.

Aboriginal Affairs and Northern Development Minister Bernard Valcourt was joined by Madawaska Chief Patricia Bernard today to announce an approval of up to $1,000,000 to assist with this next phase of the development. The First Nation is providing equity to this $6.5 million project, as well as securing commercial financing.

“It is a privilege to accept this significant contribution towards our First Nation community’s recent economic development project. The Madawaska Maliseet Economic Development Corporation did a great job with the application process and the federal support we receive is greatly appreciated and our partnership with the federal government will help us achieve our goals of eventually being completely self-sufficient. When we started the Grey Rock project, we knew that it would bring great prosperity to us and also to the whole Madawaska County region.” – Chief Patricia Bernard – Madawaska Maliseet First Nation.

“I am proud to be a part of a Government that supports projects that lead to economic benefits for the people of this region and strengthen Aboriginal entrepreneurship opportu ...