Plans to build a private private boarding school of $ 62 million with royal ties in Annapolis, NS, announced on Saturday in Bridgetown, NS
This will be a Gordonstoun school franchise in Scotland. Famous graduates of the school include Prince Charles and his father, Prince Philippe.
But on Sunday, the developer did little to suggest how the school will be funded. Also, Prime Minister Stephen McNeill said in an interview that the province did not make financial commitments for the project.
"Gordonston is one of the private schools, if not premieres, in the world," said John Ferguson, in Aapolis County on Saturday.
The exact location of the school, which will offer grades 9-12 and cost about $ 67,000 per year, has not yet been determined, but Ferguson stated that he was reduced to three sites between Annapolis Royal and Bridgetown. He said it was Gorderstone's first franchise.
Ferguson said there is a historic link between Annapolis County and Gordonstonoun. He said that the land in which the school in Scotland was located belonged to the Gordon clan.
Serton Robert Gordon was made a baronet for Nova Scotia in 1625, four years after Nova Scotia received a charter – a statute that was exhibited at Annapolis Royale in Fort Anne, Ferguson said.
"[Gordon] received 16,000 acres of coastal land in Nova Scotia. So this is a historical property of ownership, and it was one of the interesting pieces that came together, "he said.
It is expected that the school will open in 2020, starting with 9th grade students. It will be built in stages, eventually accommodating 600 students, the most expected that they will come from Asia, Europe and North America, said Ferguson.
He said that the school's funding is mainly for European investors.
Ferguson said the school would give the local economy an economic boost.
"The Gordonstoun model is to buy locals, engage the local m? Emarket, the local fruit and vegetable industry, and try to provide most of the needs of the local population, Gorderstone.
There may be some benefits to tourism, said Ferguson. He said that many families with students in international schools would rent or buy homes in the area or stay for a long period of time.
The developer says taxpayers are not in danger
CBC News contacted the project's developer Edward Farren on Sunday to ask for funding for the project and its contact with the Gordonstoun School.
Farren refused to provide detailed information on how the school will be funded and will not talk about his relationship with the school. But he said that taxpayers are not in danger.
In a Facebook video file, Farrén, responding to a question from the audience, said that he had talked with the prime minister about the political support of the project.
"It does not matter if you're in Amazon, whether in Atlanta or in Toronto, or some small or big business that wants to find this county, they want to know what they want, most will ask for money to the front," Farren said in the video.
He said he told the Prime Minister that the project needs a letter to show the banks that there is support.
"For this letter, we will pay the province an economic profit of 1.5 percent and 7.2 million dollars [guaranteed loan from the province], which gives the province $ 15,000 per year for a letter that we simply show to banks, "said Farren in his video.
Prime Minister: "We Do not Make Credit Guarantees"
MacNill said that on Sunday the province turned to a loan guarantee for the development of the school, but this issue has not been resolved.
"We do not provide loan guarantees," McNeill said. "I was very straight ahead."
But McNeill said the province is looking at the Municipal Government Act to find out if financially sound municipalities could have cash loans from the Municipal Finance Corporation of Nova Scotia "to be able to invest in things they think they represent the highest interests of the people ".
He said that discussions about changes could not take place until the house was held in the spring.
The overall concept is "gorgeous"
He said that he was approached about the project about a year ago and had the opportunity to visit Gordonston on a trip to Scotland.
"The overall concept and project is great," he said. "I consider it correct for the construction of foreign students who come to Nova Scotia, this is an important economic investment for the province."
McNeill said the project would be a "huge economic boom" in Annapolis, and could be the way to save most of the foreign students for the universities of Nova Scotia.
A public announcement said that there are currently no provincial or municipal money that brings the project.
No one from Gorderstone was announced, but Ferguson said that the school's representatives were in Nova Scotia.
CBC News contacted school officers via e-mail and phone on Saturday, but they could not be immediately received for comment.