News Release

Manitouwadge Seeks Investors For New Motels

September 22, 2009

McGuinty Government Supports Efforts To Expand Local Economy


NEWS   

Manitouwadge is strengthening its tourism sector and local economy by promoting investment in new public accommodations.

Through support from the Northern Community Investment Readiness (NCIR) program, the municipality will look into how best to attract investors interested in establishing a motel or other types of accommodation in the area.

This project is being led by the Manitouwadge Economic Development Corporation, the Township of Manitouwadge and the Superior North Community Futures Development Corporation.

QUOTES

“By working to attract new investors, Manitouwadge is creating a positive climate for future investment and job creation.”
- Mike Brown, MPP for Algoma-Manitoulin
 
“The Northern Community Investment Readiness program is an effective tool for northern communities identifying opportunities for economic diversification.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry
 
QUICK FACTS

•    NCIR funding of $15,000 supports this initiative.

•    Manitouwadge also received $25,125 in NCIR funding that allowed the community to promote their existing advantages to potential investors.

•    To date, more than $1.6 million in NCIR funding has been approved for 173 initiatives across the North.

LEARN MORE

About the Town of Manitouwadge

About the Northern Communities Investment Readiness Initiative

Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Mike Dunlop, NCIR Initiative, 807-475-1773    

ontario.ca/north-news

172, NCIR; M09-0182