Economic development gets a boost in the Northwest

0
710

Ontario Construction News staff writer

The Ontario government is providing more than $772,000 to seven projects in northwestern Ontario.

“Our government is proud to invest in northwestern communities and businesses to drive tourism, economic growth and job creation in the far corners of Ontario,” said Greg Rickford, minister of energy, Northern development and mines.

Funding will come through the Northern Ontario Heritage Fund Corporation (HOHFC:

  • $380,000 for Wabigoon Lake Ojibway Nation to build an early-years centre and provide childcare for 20 children.
  • $103,043 for KB Ranch to establish a livestock farming business in Devlin that sells beef, pork, chicken and hay.
  • $98,250 for Nickel Lake Lumber to purchase new equipment and expand its sawmill and logging business in Fort Frances.
  • $84,825 for CMM Maintenance & Millwright Services Inc. to bring its millwright services business to the Township of Chapple.
  • $50,000 for Friends of White Otter Castle Inc. to upgrade, restore and repair the White Otter Castle historical landmark in Turtle River-White Otter Lake Provincial Park.
  • $33,404 for Honey Berry Fruit Farm to establish a berry farm in Devlin that grows and sells different varieties of haskap berries.
  • $22,600 for Northwest Outfitters Guide Service to establish a tourism business in Kenora that offers guided fishing trips, ice fishing trips, and a luxury ice shack.

The NOHFC provides financial assistance to projects – big and small, rural and urban – that stimulate recovery, growth, job creation and skills development. Since June 2018, the NOHFC has invested more than $262 million in 2,549 projects in northern Ontario, leveraging more than $1.1 billion in investment and creating or sustaining 4,771 jobs.

On February 11, 2021, the Ontario government launched new and improved NOHFC programs that support more projects in rural northern communities and make it easier for more people and businesses to apply.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.