of Newfoundland and Labrador will provide repayable financial assistance to support the development, totalling up to 30 million, through the Aquaculture Capital Equity Program. Other infrastructure investments of note include:.6 million for municipalities through the Municipal Capital Works Program;.2 million for repair, maintenance, and upkeep of public housing properties; and 11 million over three years to support the construction of the Labrador Wellness Centre in Happy Valley-Goose. They are joined in the endeavor by provincially-based partner Ocean Choice International. Johns is about.5 hours from Toronto, and about 5 hours from London or Dublin. Last Friday in Marystown, Newfoundland and Labrador, representatives from Grieg NL officially launched the companys 250-million aquaculture project in Placentia Bay with support from both the provincial and federal governments. A financial and economic impact analysis by the Department of Finance estimates that once fully operational in 2025, this project will generate 33 million in labour income and.5 million in Gross Domestic Product annually.
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