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  • The old Precambrian Shield rocks contain the majority of Ontario’s metallic mineral deposits in areas known as "greenstone belts".

News Release

Iroquois Falls Plans Future Business Development

October 14, 2009

McGuinty Government Helps Strengthen Northern Economies

NEWS    

Iroquois Falls has a plan to attract new business and strengthen its economy.

Through the Northern Communities Investment Readiness Program (NCIR), Iroquois Falls Community Development Team, in collaboration with the Town of Iroquois Falls, and the North Claybelt Community Futures Development Corporation will:

  • compile an electronic database of all local assets that relate to economic development within the community
  • identify potential markets for new and existing industries
  • identify gaps and other barriers to economic investment in the community 
  • develop an investment readiness plan
  • Train staff to promote the town’s investment potential to prospective clients.   
QUOTES
 
“With assistance from the provincial government, Iroquois Falls can aggressively promote local economic development and future job creation. “
- David Ramsay, MPP for Timiskaming-Cochrane

“Many northern communities are using the NCIR program to identify opportunities for economic diversification. The program has proven very successful — helping many businesses get started or expand into new sectors.”
- Michael Gravelle, Minister of Northern Development, Mines and Forestry
 
QUICK FACTS
  • The province is supporting Iroquois Falls’ initiatives to promote economic development with $45,000 from the NCIR program.
  • To date, more than $1.6 million in NCIR funding has been approved for 173 initiatives across the North.
LEARN MORE
Anne-Marie Flanagan, Minister’s Office, 416-327-0655
Mike Dunlop, NCIR Initiative, 807-475-1773    

ontario.ca/north-news


184, NCIR;M09-0256,M09-0259;M09-0260;M09-0261