Government of Canada invests in French River and Markstay-Warren’s economic development and growth
News release
FedNor investment helps support businesses and advance economic priorities
June 16, 2022 – Sturgeon Falls, ON – Federal Economic Development Agency for Northern Ontario – FedNor
Working at a grassroots level with municipalities and First Nation communities is key to building a strong national economy. That is why we are supporting their efforts to help identify and capitalize on opportunities to develop, diversify and grow their economies. Through Regional Development Agencies like FedNor, the federal government is helping strengthen rural communities and enable small and medium-sized enterprises to grow and create meaningful jobs for Canadians.
Today, Marc G. Serré, Member of Parliament for Nickel Belt and Parliamentary Secretary to the Minister of Official Languages, announced a Government of Canada investment of $238,865 to help create and maximize economic development opportunities in the communities of French River and Markstay-Warren. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor.
Provided through FedNor’s Community Investment Initiative for Northern Ontario (CIINO), the funding will enable Economic Partners Sudbury East-West Nipissing to retain an Economic Development Officer (EDO) on staff for an additional three-year period. The EDO will undertake and advance a variety of priority projects that will help create jobs, support recovery efforts, strengthen the economy, and position the region for sustainable growth and prosperity. This includes land development, investment attraction, enhancing tourism, and helping businesses start-up, scale-up, improve productivity, or access new markets.
Quotes
“This announcement helps support Economic Partners Sudbury East-West Nipissing to keep an Economic Development Officer for three years in the communities of French River and Markstay-Warren. This is a great example of how FedNor can support municipal and Indigenous communities to continue their important work of attracting and supporting businesses and opportunities to the region."
- The Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor
“Our support for Economic Partners is a perfect example of how we are empowering Northern Ontario communities to take charge of their economic futures to achieve long-term success. This three-year initiative will support more than 30 businesses, help attract skilled workers and maximize economic opportunities in the communities of French River and Markstay-Warren. I look forward to witnessing first-hand the positive results this priority project will deliver for the people, communities and businesses of Nickel Belt and beyond.”
- Marc G. Serré, Member of Parliament for Nickel Belt and Parliamentary Secretary to the Minister of Official Languages
“Thanks to FedNor, with this support we are able retain an economic expert on staff that understands our economy and has the knowledge and experience to advance local priorities such as entrepreneurship, business, tourism and workforce development. This investment will allow us to build on the economic momentum we generated with phase one of the project, which resulted in business development and growth that led to 26 new jobs and more than seven million in economic benefits for partner communities.”
- Claude Bouffard, Chair, Economic Partners Sudbury East-West Nipissing
Quick facts
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The funding announced today is provided through FedNor’s Northern Ontario Development Program (NODP) / Community Investment Initiative for Northern Ontario, which enables communities and First Nations to increase the number of community and/or regional economic development initiatives implemented, leading to increased business investment, job creation, and regional collaboration and partnerships
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Since 2015, FedNor has provided more than 179 million in NODP funding to support 477 projects, which helped create and maintain more than 8,300 jobs in communities and First Nations across Northern Ontario.
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Based in Sturgeon Falls, Economic Partners Sudbury East-Nipissing West Inc. is one of 24 Community Futures Development Corporations (CFDCs) funded by FedNor to serve Northern Ontario businesses and communities. The organization’s service area includes the communities of Dokis First Nation, French-River, Markstay-Warren, Nipissing First Nation, St.-Charles, and West Nipissing.
Associated links
Contacts
Alison Murphy, Press Secretary
Office of the Minister of Indigenous Services and Minister responsible for FedNor
Alison.Murphy@sac-isc.gc.ca
Federal Economic Development Agency for Northern Ontario
Media Relations
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