Ontario Supporting Opportunity and Growth in the North

Ministry: 

NEWS

January 11, 2018

Ontario is supporting communities across the North in developing plans and initiatives that will attract new investments and grow local economies.

The province’s Northern Communities Investment Readiness (NCIR) program offers grants to First Nations, municipalities and economic development corporations in Northern Ontario to support initiatives that will better position their communities to attract and develop new investments.

Since 2015, the NCIR program has approved more than $877,000 for 68 investment projects, including:

  • Biigtigong Nishnaabeg First Nation to deliver a planning workshop focused on attracting new energy and forestry investments ($8,905)
  • Blind River Development Corporation, with partners Township of Huron Shores and North Shore Township, to host a series of economic summits that will provide investors and regional stakeholders with information on regional investment opportunities ($20,680)
  • Corporation of the City of North Bay in partnership with Invest North Bay Development Corporation to conduct and analyze research to identify North Bay’s strategic advantages in attracting investment from the data centre sector ($18,300)
  • Lake of the Woods Development Commission to produce a manufacturing sector profile to help the City of Kenora identify investment targets, markets and opportunities ($9,055)
  • Sault Ste. Marie Economic Development Corporation, with the City of Sault Ste. Marie, to contribute detailed business costs information to the online Competitive Alternatives Analysis report ($15,000)
  • Timmins Economic Development Corporation, in partnership with the City of Timmins and The Venture Centre, to develop a value proposition for the film industry that identifies the advantages of filming in Timmins ($19,519)

Supporting economic growth in northern communities is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.

QUOTES

“Northern Ontario is an ideal place to establish new businesses. Communities understand they’re competing for the attention of investors who make decisions based on business needs, available infrastructure, and the flexibility and ease of local planning and development processes. I am pleased that the NCIR initiative is helping organizations across the North better position themselves to secure those investment opportunities.”
— Michael Gravelle, Minister of Northern Development and Mines

QUICK FACTS

  • Since 2013-14, the Northern Communities Investment Readiness initiative has approved more than $1.7 million for 130 projects across Northern Ontario.
  • The NCIR initiative promotes and supports the development of tools and capacity for communities to attract, receive and successfully entertain investment opportunities.

ADDITIONAL RESOURCES

MEDIA CONTACTS

  • Jeff Dean, Minister’s Office, 416-327-1421
  • Cameron Ferguson, Communications Branch, 416-314-6275

 

 

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