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Canada and Ireland business and investment links

Evidence of growth in business and investment links between Canada and Ireland came with three announcements within days of each other in November.

The first concerns joint participation between Ireland and Newfoundland in an eight-part drama series for television. Jointly funded by RTE and the Canadian Broadcasting Corporation, "Atlantic Sound" is a drama series about a young man taking over a radio station, which will be shot in Ireland and Newfoundland.

Michael Ahern, Ireland's Minister for Trade and Commerce and chairman of the Ireland Newfoundland Partnership, also announced the signing of a business agreement between a Killarney-based firm and a Newfoundland company for the production of an energy-efficient heating tank.

A third major announcement heralded the investment of 150 million by a Canadian company in a planned leisure centre in Boyle, Co. Roscommon.

It will include a five-star, 100-bedroom hotel, 293 luxury golf and forest lodges, a championship golf course and watersport facilities.

The Newfound Developer Group consortium which is making the investment has bought land adjacent to the area's forest park from six local farm families for an undisclosed sum.

The chairperson of the Local Forest Park Action group, Fine Gael senator Frank Feighan, welcomed the announcement by the Canadian consortium. "This development will create up to 500 sustainable jobs and is a major boost to tourism in Connacht. A major factor in attracting this consortium is Knock airport, which is about a half-hour from the site," said Senator Feighan.

Hard on the heels of "The Celtic Tiger on the prowl" in our last issue, these further links between Canada and Ireland are a good measure of confidence in the cultural and economic climate of Canada's closest European neighbour.

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