CBC News reports that the federal and New-Brunswick provincial governments will invest a total of $7.9 million to extend the Fundy Trail Parkway, east of St. Martins.
The Atlantic Canada Opportunities Agency (ACOA) is contributing more than $4.1 million, while the provincial government will provide nearly $3.8 million.
The funding will be used for the construction, engineering and geotechnical testing associated with the next phase of development from the Long Beach Brook escarpment eastward along Tufts Point Plateau.
“Investing in leading tourism experiences such as the Fundy Trail Parkway is an important part of our government’s plan to rebuild New Brunswick’s economy,” Premier David Alward said in a statement. “This investment will enable the Fundy Trail Parkway to offer visitors an even better experience once this phase of development is completed.”