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- About 20% on Ontario is covered by the younger sedimentary rocks, most of which occur in the Hudson and James Bay lowlands and in southern Ontario.
News Release
Espanola Explores New Business Opportunities
August 13, 2009
McGuinty Government Supports Local Economic Development
NEWS
Espanola is examining how new and existing businesses can help strengthen the local economy.
With funding from the province’s Northern Communities Investment Readiness (NCIR) program, the municipality will complete two projects:
- A market study to help find potential consumers for local companies, and
- An analysis report comparing the business community’s actual and potential performances, with recommendations on how to improve its ability to grow.
“By evaluating its strengths and developing a plan of action, Espanola is demonstrating vision to establish new opportunities which will enhance the community’s economic future.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry
“The Town of Espanola is taking a proactive approach to strengthening its own economy by exploring potential for growth and new markets.”
- Mike Brown, MPP for Algoma-Manitoulin
QUICK FACTS
- NCIR funding of $10,000 is supporting these activities.
- To date more than $1.5 million in NCIR funding has been approved for 162 initiatives across the North.
- A gap analysis helps communities compare actual performance with potential performance. By identifying the gap between “where are we?” and “where do we want to be?” it provides insights into possible areas of improvement.
- About the Town of Espanola
- About the Northern Communities Investment Readiness
Mike Dunlop, NCIR Initiative, 807-475-1773
ontario.ca/north-news
153, NCIR;M09-0123;M09-0124
