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Calgary, Alberta--(Newsfile Corp. - September 26, 2024) - Maple Leaf Green World Inc. (CSE: MGW) (OTC Pink: MGWFF) ("Maple Leaf"), is pleased to announce that it has signed a Letter of Intent (the "LOI") with The Palliser Economic Partnership (the "PEP"). The PEP is comprised of 20 communities including City of Medicine Hat, Town of Bassano, Oyen and Coronation in SE Alberta.
PEP was formed with a mission "To facilitate regional cooperation to position SE Alberta as an ideal location for business investment" and its mandate is to "Assist communities in regional projects and economic development activities that cannot be completed by communities on their own." PEP's core focus areas are:
Marketing and Communications – Make SE Alberta globally competitive by marketing the region on a larger scale and promoting initiatives to attract investment. It is also vital to promote the PEP as an effective regional alliance and the region as a healthy place to live and do business.
Regional Cooperation – Grow and build communities through capacity building and collaboration, ensuring strong, vibrant communities throughout the region. We support balanced and sustainable growth in member communities, building alliances, partnerships and networks that enhance economic development participation inside and outside the region.
Business Investment – Encourage sustainable economic growth by supporting business retention, economic diversity, investment attraction, industry innovation, and technology adoption and commercialization.
Under this LOI, the Company will work with PEP to invigorate the economy of the PEP by bringing in investments to harness green and environmentally friendly projects including green housing, renewable energy etc. PEP will collaborate with the Company in obtaining support from local communities and assist to secure necessary permitting, licensing grants and subsidies from Provincial and Federal government.
"We are glad to collaborate with Maple Leaf to show their investors why SE Alberta is the best place to live and do business," said Doug Jones, Chairman of PEP.
"We're excited to enter the strategic partnership with PEP to bring green renewable energy projects in the region with their full support and assistance. The SE Alberta will be the next major development segment when all the major cities in Alberta are facing housing shortage and high unemployment. We expect our investment initiatives will not only bring in the economical benefit for the residents, but introduce the region to the global investment market," said Raymond Lai - President and CEO of Maple Leaf.