FedNor invests $5.8 million in the Parry Sound and Muskoka regions

News release

Federal funding for 13 projects will help create and maintain over 365 jobs

October 25, 2022 – Huntsville, ON - Federal Economic Development Agency for Northern Ontario – FedNor

Today, during a visit to the area to attend the Ontario Tourism Summit 2022, the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, announced FedNor investments totalling $5,799,103 for 13 community and business growth initiatives in the Parry Sound and Muskoka regions. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor. The funding is expected to create and maintain 365 jobs in the region.

Provided through FedNor’s core programs, these investments will support a variety of important initiatives such as Huntsville Forest Products’ saw mill expansion project, help Muskoka Brewery and Muskoka Roastery adopt state-of-the-art green technology, and see an expansion of 22 new fully-serviced commercial lots at the Parry Sound Industrial Park. Among other things, the funding will also help Nextup Care Inc. bring its Intelligent Patient Scheduling Platform to market and allow the Parry Sound Area Community Business and Development Centre to provide business counseling and investment services to small and medium-sized businesses.

For the full list of projects and investment details, please see the backgrounder.

Quotes

“From green technologies to support for small and medium businesses, our government will continue to build an economy that works for everyone. Today’s announcement provides support for local businesses to scale up and create an estimated 365 good paying jobs across Parry Sound and Muskoka. We will continue to invest in building resilient communities and growing our local economies from coast-to-coast-to-coast.”

- The Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance

“The municipalities and local businesses of Northern Ontario drive our economy forward and support our communities. Today, FedNor is helping the Parry-Sound Muskoka region to continue this important work, committing $5.8 million towards 13 projects that will help businesses grow, become greener, and create good local jobs. Congratulations to all the recipients.”

- The Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor

"The support from FedNor is deeply appreciated by the entire team at Huntsville Forest Products. This will enable our efforts to advance the design, planning, and eventual construction of one of the safest and most efficient hardwood sawmills in Canada. We are very excited to establish this facility, and our broader business, as a cornerstone of the Canadian forest products sector."

- Malcolm Cockwell, President and Managing Director, Huntsville Forest Products

“Muskoka Brewery is pleased that FedNor could assist us in introducing green and sustainable technologies for best-practice in waste management during the brewing process. This contribution will help us purchase  a bioreactor to treat our wastewater, reducing our water consumption to near residential levels, allowing for business growth and maximizing environmental and community benefit.”

- Todd Lewin, President, Muskoka Brewery

Quick facts

  • Provided through FedNor’s core programs, the funding announced today will support 13 business and community initiatives in the Parry Sound and Muskoka regions, helping to create and maintain 365 jobs throughout the area.

  • Since 2015, through its core programs, FedNor has provided more than $365 million to support 821 projects, which helped create and maintain more than 12,450 jobs in communities and First Nations across Northern Ontario.

Related products

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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