Residents and businesses of the Municipality of Red Lake will benefit from new economic and tourism-related opportunities thanks to a Government of Canada investment of $250,000. This FedNor investment will help with the construction of an all-weather, fully accessible market and events pavilion in the community’s Centennial Park.

"The Government of Canada is committed to supporting communities in their efforts to stimulate economic and business growth, and create opportunities for its residents. I am proud that our government is investing to develop Canada’s tourism sector and encourage more visitors to come and enjoy what our beautiful country has to offer."

-The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor

"This government is not afraid to invest in strategic initiatives that strengthen the tourism sector and enhance business development and growth in all areas of Northern Ontario and across the country. This investment will help attract additional visitors to Red Lake, support local businesses and residents, and be a source of civic pride for many years to come."

- The Honourable Bob Nault, Member of Parliament for Kenora

"We are very pleased for this investment from FedNor to help us complete our Centennial Park cluster by supporting the construction of our market and events pavilion. The benefits of this additional outdoor, accessible public space cannot be overstated. It will help us attract and develop a variety of activities, events and festivals, and draw additional visitors to the community which will be very beneficial for our local businesses."

- Fred Mota, Mayor of the Municipality of Red Lake

• Budget 2019 proposes more than $58 million over two years in support of a new Canadian Experiences Fund to be delivered by the Regional Development Agencies across Canada, including FedNor in Northern Ontario. The fund will be in line with a new Federal Strategy on Jobs and the Visitor Economy now being developed.

• The Prosperity and Growth Strategy for Northern Ontario outlines the Government of Canada’s approach to ensure the region can fully benefit from the national Innovation and Skills Plan. It is focused on three key economic development areas: supporting innovation; growing companies; and building stronger communities.

• The funding announced today is provided through FedNor’s Northern Ontario Development Program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation.

Associated links

• To find out more about our programs and services, please visit: fednor.gc.ca.
• Follow us on Twitter @FedNor.
• Follow Innovation, Science and Economic Development Canada on Twitter: @ISED_CA.

Paul Denis
Communications Officer
FedNor
705-507-0539
paul.denis@canada.ca