Canada And Ontario Partner To Build New Arts And Cultural Centre
Investment will create local jobs, stimulate the economy and contribute to the revitalization of Regent Park
A new 68,000 square foot arts and cultural centre will be built in Toronto's Regent Park, as a result of a joint Canada-Ontario investment announced today by the Honourable John Baird, Canada's Transport and Infrastructure Minister, and the Honourable Aileen Carroll, Minister of Culture for Ontario, on behalf of the Honourable Gerry Phillips, Minister of Energy and Infrastructure for Ontario. The project will create jobs in the short term and benefit the community of Regent Park for years to come.
"Under the leadership of Prime Minister Stephen Harper, our Government has announced hundreds of infrastructure projects throughout Toronto that will stimulate the economy and create jobs," said Minister Baird. "Regent Park's new arts and cultural centre will be an important part of this community once complete, and is among many remarkable projects in Toronto we are proud to be investing in."
"The McGuinty Government understands the tremendous impact of arts and cultural initiatives on communities and neighbourhoods," said Minister Carroll. "We are therefore investing in the Regent Park Arts and Cultural Centre which will impact the neighbourhood and Toronto in a wonderfully positive way."
The Governments of Canada and Ontario will each invest up to $12 million towards the project. The contribution from the Government of Canada will be under the new $4-billion Infrastructure Stimulus Fund, which provides funding to construction-ready infrastructure projects that can be substantially completed by March 2011. The contribution from the Government of Ontario will be from the two-year, $32.5 billion infrastructure commitment laid out in the 2009 provincial budget, Confronting the Challenge: Building Our Economic Future.
The construction of a new arts and cultural centre is part of a multi-phased revitalization of the Regent Park neighbourhood, and will help to improve cultural infrastructure while creating local jobs in Toronto. The new centre will include office space; a multi-purpose arts space to accommodate a wide variety of performances, festivals, celebrations and events; as well as space for not-for-profit arts and cultural organizations to lease studio or rehearsal space. Construction will begin in early 2010, with completion expected by March 2011.
To date, the Governments of Canada and Ontario have announced close to $11 billion in joint funding for more than 2,600 infrastructure projects across the province to stimulate the economy and create jobs.