The federal government announced $17.5 million in funding for tourism and events in Alberta on Tuesday.
Edmonton’s K-Days Fair will receive $10 million and the remaining $7.5 million will go to 29 tourism projects, including $100,000 for The Launch at Sylvan Lake Inc.
The launch located at the marina at 5220 Lakeshore Drive includes the Boat and Brew, which offers pontoon, tube, paddleboard and kayak rentals and includes a full-service marine store, offering batteries, life jackets rescue and other supplies. The café also offers sandwiches, ice cream and other snacks.
The funding will be used to beautify the interior and exterior of the building to improve its functionality, appearance and patio.
The K-Days investment will be used for site improvements aimed at repositioning Klondike Park as a year-round destination, as well as creating new revenue streams to ensure the future sustainability of the K-Day event. -Days. Programming will be expanded to include Indigenous peoples, new Canadians, Francophones and LGBTQ2S+ communities.
The $7.5 million investment to support 29 tourism projects is provided through the Tourism Relief Fund and the Regional Relief and Recovery Fund, implemented in Alberta by PrairiesCan.
“This investment will help tourism operators launch new or enhanced experiences and develop long-term strategic plans that ensure the continued growth of Alberta’s tourism sector,” said a release announcing the funding.
The tourism sector has been one of the hardest hit in the past two years. The combined federal investment of $17.5 million is expected to help create or maintain approximately 4,300 tourism jobs for Albertans, attract more than 2.1 million domestic and international visitors to the province, and position the economy of Alberta for long-term growth.
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