Federal Government Supports Expansion of Commercial Tent Rentals & Sales Ltd
News release
June 29, 2018 – Sussex, NB – Atlantic Canada Opportunities Agency
Investments made in rural communities foster new opportunities for business growth and create a stronger and more sustainable labour force. That’s why the Government of Canada is investing more than $180,000 in two projects at Commercial Tent Rentals and Sales Ltd, Eastern Canada’s largest established tent rental company. The funding will help improve operating efficiencies, profitability, and maintain 30 jobs at the Sussex facility.
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), announced the funding today.
The first project involves expanding the company’s existing warehouse by 16,000 square feet and building a smaller addition to its office space. The second project will enable the company to get business expertise to improve its inventory control system and combine it with the accounting system.
The Government of Canada is providing a $162,500 repayable contribution towards the expansion project and a non-repayable contribution of $18,000 for the second project. The federal funds for both projects are being provided through ACOA’s Business Development Program.
These projects build on the Government of Canada and the four Atlantic Provinces’ commitment to drive economic growth in Atlantic Canada through the Atlantic Growth Strategy, which diversifies our economy and helps businesses succeed in the global marketplace.
Quotes
“Together with its partners, the Government of Canada makes strategic investments to build smart, strong and sustainable communities that meet today’s unique challenges and prepare us all for a prosperous future.”
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
“Commercial Tent Rentals has been a valued employer in Sussex for many years and I am very pleased that the Government of Canada has provided financial assistance to help them continue to innovate, thrive, and grow. They continue to find ways to set themselves apart in an ever changing market. Their know-how, vitality and boldness generate growth, and I encourage them to continue in the same vein.”
- Alaina Lockhart, Parliamentary Secretary for Small Business and Tourism and Member of Parliament for Fundy Royal
“The Atlantic Canada Opportunities Agency gave us the opportunity to expand our facilities and increase our productivity. The added space improves our efficiency in our ability to manufacture bigger tents and repair, wash and dry large tent fabric sections in one single stage without a lot of extra folding. With the increase in space comes increased productivity especially during our off season.”
- Allen McCandless, President – Commercial Tent Rentals and Sales Limited
Contacts
Dominique Bouchard
Communications Officer
Atlantic Canada Opportunities Agency
506-292-7524
Allen McCandless
President
Commercial Tent Rentals and Sales Ltd.
506-433-2011
Page details
- Date modified: