The Partnership & the Community
Saint John Waterfront Development Funding Model
The Saint John Waterfront Development Partnership and it's projects are funded by donations from the three levels of government, corporations, community organizations and individuals, who are all passionate about improving access to and development of the waterfront in Saint John.
Operational Funding:
Partner: |
Annual Donation |
City of Saint John |
$ 100,000 |
Enterprise Saint John |
$ 15,000 |
Saint John Board of Trade |
$ 15,000 |
Saint John Port Authority |
$ 15,000 |
Uptown Saint John |
$ 15,000 |
Saint John Development Corporation |
$ 25,000 |
| Province of New Brunswick * |
$ 50,000 |
Total Funding from Partners: |
$ 235,000 |
* Project Support Funding
Click here for a list of Harbour Passage Donors
Funding for Waterfront Development Projects:
| Partner: |
|
Contribution |
% of Total |
City of Saint
John |
|
$ 3,034,568 |
36% |
Province of New Brunswick |
|
$ 1,640,000 |
20% |
Government of Canada
- ACOA |
|
$ 2,286,195 |
27% |
Private Sector Donations |
|
$ 1,392,032 |
17% |
Grand total raised to date: |
$ 8,352,795 |
100% |
These funding contributions have been allocated to Harbour Passage (Phase I, II, III, Water Street and Reversing Falls), Partridge Island and the Small Craft Marine Facility at Market Slip.
|
