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July 29, 2010

Prince Edward Island resort secures infrastructure loan

CAVENDISH, P.E.I.

The federal government has approved a $400,000 infrastructure loan for Resort Municipality in Cavendish. The low-cost loan of almost $400,000 will be drawn from Canada Mortgage and Housing Corp.’s Municipal Infrastructure Lending Program (MILP).

It will help extend a wastewater sewer system and services to residents of the Seawood Estates subdivision.

DCN News Services

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