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News Release August 10, 2004 INFRASTRUCTURE CANADA PARTICIPATES IN IMPORTANT DEVELOPMENT PROJECT IN MONT-TREMBLANT MONT-TREMBLANT, Québec - Infrastructure Canada today announced a $47.5-million participation in an important development project in Mont-Tremblant. The project is the result of a partnership between the Government of Canada, the Government of Québec, the city of Mont-Tremblant and Station Mont Tremblant, wholly-owned by Intrawest. “I’m very pleased the Government of Canada is contributing to the realization of a tourism project that is so important for Québec,” said the Honourable Jean-C. Lapierre, Minister of Transport and Political Lieutenant for Québec. “This partnership, a terrific example of an efficient collaboration between all three levels of government and the private sector, will further enhance the attractiveness of the Québec and Canadian tourism offerings throughout North America and elsewhere in the world.” The Government of Canada investment, made through the Canada Strategic Infrastructure Fund, will be used, amongst other things, to further develop roadways, and waterworks and sewer systems on both the southern and northern faces of Station Mont Tremblant. “The investment satisfies the sustainable economic growth criteria set forth by the Canada Strategic Infrastructure Fund,” said the Honourable John Godfrey, Minister of State, Infrastructure and Communities. “The quality of the management practices exercised by the leadership of Station Mont Tremblant and the commitments pledged by many partners assure us that this is truly an excellent strategic investment that will positively impact the whole Laurentian region. This is a great example of how the federal government can collaborate with the provinces to assist communities in satisfying their infrastructure needs.” Public infrastructures, including roadways, waterworks and sewer systems, sidewalks and multifunctional paths (cross-country skiing, cycling, hiking, etc.), of a value at least equal to the federal contribution, will be transferred by Station Mont Tremblant to the city of Mont-Tremblant. In accordance with the regular process for investments by the Canada Strategic Infrastructure Fund, details pertaining to cost-sharing of the Government of Canada’s investment will be outlined upon the signing of the partners’ contribution agreement. About the Canada Strategic Infrastructure Fund (CSIF)Through the Canada Strategic Infrastructure Fund (CSIF), the Government of Canada collaborates with provincial and territorial governments as well as with municipal administrations and the private sector to meet strategic infrastructure needs throughout the country. The CSIF supports large-scale national and regional strategic infrastructure projects that improve further sustainable growth and the quality of life of Canadians. Since 1994, the Government of Canada has committed $12 billion for infrastructure projects, thereby leveraging $30 billion from all partners. Contacts: Irène Marcheterre Infrastructure Canada Related Web sites: Province of Quebec
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