Today, the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor, announced a FedNor investment of $400,000 in the Township of Armour to support the work of the Almaguin Community Economic Development Department (ACED) in creating sustainable economic growth across the region. ACED consists of nine current members from across East Parry Sound, including the Townships of Perry, Armour, Ryerson, Strong, and Joly; the villages of Burk’s Falls, Sundridge, and Strong; and the Almaguin Highlands Chamber of Commerce.

“This is an investment into good-paying jobs for middle class families in Northern Ontario. The local businesses that will benefit from this will grow our economy and help our region attract more new investments.”

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

“Today’s investment in the Almaguin Community Economic Development Department will help strengthen the communities of the region. It will help develop this essential economic corridor for Northern Ontario. This is part of our plan to grow an economy that works for everyone in Northern Ontario.”  

-       Marc G. Serré, Member of Parliament for Nickel Belt and Parliamentary Secretary to the Minister of Official Languages and to the Minister of Energy and Natural Resources

“FedNor’s renewed support for our work will help us ensure the long-term social and economic prosperity of the Almaguin Highlands. Today’s announcement will help us build and expand on the strong relationships that exist between the members of the Almaguin Highlands Community Economic Development Department, allowing us to forge additional partnerships and attract new business and investment to the region.”

-       Wendy Whitwell, Chair of the Almaguin Highlands Community Economic Development Committee and Councillor for the Township of Armour

• Since its formation in 2019, ACED and its regional partners and stakeholders have achieved important results, including:

  • The creation of two industrial parks located along the Highway 11 and Highway 520 corridors;
  • The execution of the Almaguin Regional Brand Strategy and the launch of a regional website promoting local businesses; and
  • The delivery of economic development services to nine municipalities and the Almaguin Highlands Chamber of Commerce, resulting in enhanced levels of business and community supports. In 2022, ACED supported over $3 million in public sector capital projects.

• The Northern Ontario Development Program (NODP) supports communities' efforts to plan and mobilize their resources, enhance business growth, and exploit new opportunities for economic development and diversification.

• The funding announced today comes from the Community Investment Initiative for Northern Ontario (CIINO), which helps small communities or First Nations grow, revitalize cultural spaces, and strengthen the economy while creating opportunities for continued future growth. 

Associated links

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

Zeus Eden
Press Secretary
Minister of Indigenous Services and Minister responsible for FedNor
zeus.eden@sac-isc.gc.ca

Federal Economic Development Agency for Northern Ontario
Media Relations