August 9, 2018
Penobsquis, NB – Atlantic Canada Opportunities Agency
Supporting businesses in rural communities helps create opportunities for business growth and well-paying jobs for the middle-class and those looking to join it. That is why the Government of Canada is providing a $50,000 contribution to help Timberparts gain efficiencies and maximize the effectiveness of its operations.
Alaina Lockhart, Parliamentary Secretary for Small Business and Tourism and Member of Parliament for Fundy Royal, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), was joined by Marc Poirier, President of Timberparts, to make the announcement today.
This investment will enable the company to hire a consultant to identify and maximize efficiency and increase productivity. The Government of Canada is providing a non-repayable contribution of $50,000 through ACOA’s Business Development Program.
This investment builds on the Government of Canada’s commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, by providing strategic investments for projects that build on the region’s competitive advantages, including a strong forestry sector and a skilled workforce.
“The Government of Canada is committed to helping Atlantic Canadian businesses in rural communities grow and excel. Through ACOA, we are making strategic investments in companies like Timberparts Ltd., which are taking steps to expand and contribute to the growth and diversification of their local economies.”The Honourable Navdeep BainsMinister of Innovation, Science and Economic Development and Minister responsible for ACOA
“Timberparts is an excellent example of a growing company in the greater Sussex area that is being supported by The Government of Canada because we recognize the importance of making strategic investments that build on regional rural strengths. We are committed to helping businesses like Timberparts thrive and grow, by being there to make sure they can take advantage of opportunities when they present themselves. We want to ensure that they can remain competitive and continue contributing to the local economy.”Alaina LockhartParliamentary Secretary for Small Business and Tourism and Member of Parliament for Fundy Royal
“We are grateful for the support that we have received from ACOA. Running a business in a smaller community presents many challenges and obstacles. The support we receive from ACOA helps us take on those challenges and remove some of the obstacles. We are very proud to do business in Sussex. This support will help us continue our growth and expansion, which will provide more job opportunities for people in our town.”Marc PoirierPresident, Timberparts Ltd.
Senior Communications Officer
Atlantic Canada Opportunities Agency
Communications & Outreach Coordinator
Office of MP Alaina Lockhart