Daily Business Buzz
Corporation seeking input on its mandate, activities, strategic direction
© Cape Breton Post photo
[GLACE BAY, NS] – Enterprise Cape Breton Corporation (ECBC) will hold its fifth annual public meeting today at 6:30 p.m. at the BayPlex in Glace Bay.
The purpose of the meeting is to share information with the public regarding the corporation's mandate, activities and strategic direction.
A networking session will follow.
The general public is invited to attend.
ECBC is the principal federal entity for commercial and community economic development on Cape Breton Island and in Mulgrave.
In addition to its own programs, ECBC is also responsible for delivering the programs of the Atlantic Canada Opportunities Agency in Cape Breton and Mulgrave and for the residual environmental and human resource obligations of the former Cape Breton Development Corp.
Through its economic development programs, environmental remediation activities and human-resource obligations to former CBDC employees, ECBC directly injected over $83 million into the local economy in 2012-2013, leveraging an additional $34 million in investment. In commercial development, ECBC approved more than $14.2 million in assistance to 176 projects.
In addition, more than $8.9 million was committed to 106 community development projects.
Over the last 10 years, $191 million has been spent on the remediation of 53 former mine sites and the management of mine water issues.
Enterprise Cape Breton Corporation is a federal Crown corporation offering programs in support of commercial development, community development, environmental stewardship and real property development on Cape Breton Island and in the Mulgrave area.