Primary Navigation
Media Resources
Did You Know?
- With the help and hard work of northerners and mineral sector partners, the Northern Prosperity Plan is achieving significant results.
News Release
Ontario Boosts Parry Sound Area Economy
October 08, 2008
McGuinty Government Invests In Young Entrepreneurs And Public Sector Initiative
NEWS
The Ontario government is helping strengthen community infrastructure and supporting business expansion in the District of Parry Sound.
The Northern Ontario Heritage Fund Corporation (NOHFC) has approved funding of more than $58,000 to launch the businesses of two young entrepreneurs. The funding will also help the Almaguin Highlands area develop a feasibility plan on the construction of a new multi-use community centre.
QUOTES
“Our government recognizes that small business is the backbone of the economy of many communities and that a strong municipal infrastructure contributes to stability and prosperity,” said Northern Development and Mines Minister Michael Gravelle, who also chairs the NOHFC.
QUICK FACTS
- The NOHFC’s Young Entrepreneur Program provides assistance to northern residents, 18 to 29, to start their own for-profit business in the North.
- The NOHFC’s Infrastructure and Community Development Program helps northern communities improve critical infrastructure and develop partnerships that find effective ways to create jobs and improve economic prospects in the North.
LEARN MORE
- What is the Growth Plan for Northern Ontario
- Learn more about the Youth Internship and Co-op Program
Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Michel Lavoie, Communications Branch, 705-564-7125
ontario.ca/north-news
940228, 940271, 955217
Backgrounder
ONTARIO BOOSTS PARRY SOUND AREA ECONOMY
The Ontario government is helping strengthen community infrastructure and supporting business expansion in the District of Parry Sound. Funding announced today was provided through two programs of the Northern Ontario Heritage Fund Corporation:
Northern Ontario Young Entrepreneur Program
The NOHFC has approved funding of $25,000 to help Dr. Jennifer Kaster start her own naturopathic clinic in Parry Sound. The project will include the purchase of furnishings, advertising and equipment to launch the new business.
In addition, Ingrid Zschogner of Rosseau has been approved for funding of $16,280 to acquire equipment and furnishings for the opening of ‘Wildrose Designs Inc.’, a retail gift and antique outlet, which will also sell wood carvings and other hand made products.
Infrastructure and Community Development Program
The NOHFC will contribute $16,800 to a group of community partners in the Almaguin Highlands area for a feasibility study on the construction of a multi-use community centre that would be co-located at Almaguin Highlands Community Secondary School, which is located halfway between Sundridge and South River.
Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Michel Lavoie, Communications Branch, 705-564-7125
ontario.ca/north-news
940228, 940271, 955217
166,
