INVERNESS, NS—On Aug. 11 minister of economic and rural
development announced an $8.25-million loan to Cabot Links golf resort to be
repaid over 15 years.
Minister Graham Steele said the investment was about the town
and people of Inverness. The golf course and resort already employs more than
120 and with the Cabot Cliffs 18-hole course and an expansion of the resort,
the 15-million expansion is expected to open up more employment opportunities.
“I don’t think it’s an exaggeration to say that Cabot Links
has transformed the town of Inverness,” said Steele, according to the Cape Breton Post.
Cabot Links opened two years ago with 10 holes and expanded
to 18 in June 2012. The new course will overlook the coastline and is expected
to open in 2015.