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Trent Lakes does not fund for-profit enterprises
December 15, 2017
BY TERRY GILLIS
At the December 5 Trent Lakes council meeting, Esther Inglis, owner of Gallery on the Lake in Buckhorn, went before Council to request financial assistance for “facade improvements, a permanent exhibit and artisan alley, staffing and marketing” in the amount of $100,000.
Ms. Inglis told members of council that they (Gallery on the Lake) “are the only draw in this community.” As such, it would be beneficial to the Municipality to approve her request.
Councillor Raymond asked if Ms. Inglis’ business was a for-profit enterprise, to which she replied, “though we’re designated for-profit we’ve never seen one.”
Councillor Raymond commended Ms. Inglis on her plans and wished her all the best but informed her that the Municipality “is not in the business of providing money to for-profit businesses.”
Mr. Inglis said, “that’s all well and good, but the municipality does support other facilities such as the community centre.”
Mayor Matthews told Ms. Inglis that what Councillor Raymond said is true. “We don’t give money to businesses.”
Councillor Persson suggested that Ms. Inglis try more suitable avenues of financing, such as Community Futures.
Inglis said that she found it “appalling that you wouldn’t consider any portion of this funding request.”
The gallery owner suggested that since she had made improvements to the facade of the building she should at least be entitled to some funding under the CIP fund.
Council explained that the Gallery on the Lake was not in the CIP area, and that funds are not allocated after the improvements are made.
Councillor Lambshead suggested that she contact the Peterborough Economic Development Committee. He further commented that they would be able to help find funding and point her in the direction of other sources of financing.
Deputy Mayor Windover said that Council “can’t support funding private businesses.