The municipality of Pictou County is investing $3.32 million towards the project
The federal government has announced funding to bring high-speed internet to Pictou County in Nova Scotia.
Liberal MP Sean Fraser announced $4.46 million in funding for the project through the Universal Broadband Fund. The municipality of Pictou County will be investing $3.32 million towards the project.
“High-speed internet service is essential to the success of everyone living and working in rural Nova Scotia,†said Fraser in a statement.
“This investment will help create the spine for future phases of the project, which will create jobs in the short term and create the conditions for long term economic growth.â€
The federal government launched the $1.75 billion Universal Broadband Fund on November 9th, 2020 and included the Rapid Response Stream. The stream has made up to $150 million immediately available for shovel-ready projects that can be completed by November 15th, 2021.
The fund is meant to help connect 98 percent of Canadians to high-speed internet by 2026 and achieve the national target of 100 percent connectivity by 2030.
Image credit: Unsplash (@jasonhafso)
Source: Innovation, Science and Economic Development Canada