NORTH BAY — The Ontario government is investing more than $2.1 million in five businesses and one film project in the Nipissing region to help create 19 new jobs and promote economic development in Northeastern Ontario.
“As we continue to navigate COVID-19 and the effects on the economy, our government is committed to strengthening the local manufacturing, film and forestry businesses,” said MPP Vic Fedeli. “These investments will support job growth within the Nipissing region.” Funding for the projects is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC):
“Supporting local businesses as they expand and innovate will help create jobs, keep the north competitive and attract new investment,” said Greg Rickford, Minister of Energy, Northern Development and Mines. “These investments are helping businesses thrive, leading to economic diversification and providing real opportunities for employment in the region.” The Northern Ontario Heritage Fund Corporation (NOHFC) promotes economic prosperity across Northern Ontario by providing financial assistance to projects – big and small, rural and urban – that stimulate recovery, growth, job creation and skills development. Since June 2018, the NOHFC has invested more than $309 million in 3,050 projects in Northern Ontario, leveraging more than $1.1 billion in investment and creating or sustaining over 4,770 jobs. |
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“We manufacture products that our clients used to have to import from overseas. This expansion funding means that not only are we doubling our workforce, but we replace imports with domestic products for our Ontario based clients and we are exporting outside the province to other Canadian, US and South American clients. This is a win for ACES Ltd and Ontario in the effort to increase industrial self sufficiency. Many thanks to the provincial government for this support.” – Marc Mathon “This three-year partnership demonstrates how innovation can contribute to strong economic growth in Northern Ontario’s forest sector. The Ontario government’s mission to diversify and foster economic growth in the region is well aligned with FPInnovations’ mission to increase competitiveness of the forest industry and transform the sector.” – Stéphane Renou “Our expansion has allowed our family farm to grow and transition to the next generation. The new technology in our expanded dairy operation ensures we can monitor and maintain standards for the grass-fed milk program we are part of with Dairy Farmers of Ontario and Thornloe Cheese. Our experience with the actual process has been good. The province rightfully expects well-researched business plans and their understanding of our industry was very helpful.” – Mark Kunkel “The Ontario government was a critical partner in financing Delia’s Gone. The funding allowed us to execute principal photography in North Bay by offering a meaningful incentive beyond the regional tax credit enhancement. We had the luxury of hiring many talented local crew members and shooting in the beautiful location that is North Bay.” – Jonathan Bronfman “The Government of Ontario funding received by Drillers Edge has allowed us to quickly grow to meet the needs of our customers worldwide. This growth has allowed us to expand our production capacity to meet increased domestic and export demand. It has also allowed us to grow our team beyond the size originally anticipated and will prepare us for future growth for years to come.” – Chris Van Schaayk |
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