FedNor Invests $5.1 Million to Create Jobs, Growth and a Strong Economy in Timmins and Surrounding Areas
News Release
November 8, 2016 – Timmins, ON – Federal Economic Development Initiative for Northern Ontario – FedNor
The Government of Canada is investing $5,146,870 to support infrastructure, business and industrial growth, as well as technology, innovation and broadband services in the Timmins and surrounding areas. This strategic investment will support six important initiatives that will be led by four local organizations, including the City of Timmins, NEOnet, the Bucket Shop, and the South Porcupine Arena Association.
The Honourable Patty Hajdu, Minister of Status of Women and Member of Parliament for Thunder Bay—Superior North, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, made the announcement today during her visit to the City of Timmins. Identified as strategic priorities, the funded projects will support business growth and productivity, attract more than $20 million in private sector investment and create over 20 middle-class jobs in the community. The funding will also support infrastructure enhancements to two community assets and accelerate broadband expansion and services throughout Northeastern Ontario.
Quick facts
- The funding announced today is provided through FedNor's Northern Ontario Development Program, as well as the Canada 150 Community Infrastructure Program.
- FedNor's Northern Ontario Development Program supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation throughout the region.
- The Canada 150 Community Infrastructure Program is part of the Government of Canada's coordinated approach to mark the anniversary of Confederation. The program is designed to leave a lasting legacy in communities across the country by supporting improvements to community infrastructure that provide community and cultural benefits for the public.
Quotes
"The Government of Canada is focused on helping build strong, sustainable communities that support a vibrant middle-class. These targeted investments will put in place the technology, infrastructure and resources needed to attract private sector investment to the area, support business development and growth, while further positioning the City of Timmins as open for business."
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor
"Today's announcement will help create a stronger, more innovative and diversified local economy that delivers results for the people and businesses of Timmins and surrounding areas. By working at a grass-roots level and investing in local priorities, our government is creating opportunities that assist Northern Ontario communities maximize and achieve their economic potential."
– The Honourable Patty Hajdu, Minister of Status of Women and Member of Parliament for Thunder Bay—Superior North
"This significant FedNor announcement clearly demonstrates that the Government of Canada recognizes the unique needs of our community and is taking action to diversify and grow the local economy. These investments will serve as economic drivers for the City of Timmins and create meaningful employment for our citizens."
– Steve Black, Mayor, City of Timmins
Related products
- Backgrounder: FedNor Investments Support Technology, Infrastructure and Business Growth in Timmins and Surrounding Areas
Associated Links
- To find out more about our programs and services, please visit: fednor.gc.ca and follow us on Twitter @FedNor.
- Follow the Minister on Twitter: @MinisterISED
Contacts
Barclay Babcock
Communications Officer - FedNor
705-690-0957
barclay.babcock@canada.ca
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