Parry Sound-Muskoka receives financial boost for local businesses
The federal government is supporting local businesses in the Parry Sound and Muskoka region to help create jobs and support growth.
On Wednesday, Minister of Tourism Randy Boissonnault announced roughly $5.8 million for 13 community and business growth initiatives.
The announcement, made on behalf of the Minister of Indigenous Services and Minister responsible for FedNor, Patty Hajdu, is expected to translate into 365 jobs in the region.
"The municipalities and local businesses of Northern Ontario drive our economy forward and support our communities. Today, FedNor is helping the Parry-Sound Muskoka region to continue this important work, committing $5.8 million towards 13 projects that will help businesses grow, become greener, and create good local jobs," said Hajdu in a press release.
The money provided through FedNor's core programs is intended to support several businesses, including Huntsville Forest Products' sawmill expansion, help Muskoka Brewery and Muskoka Roastery adopt state-of-the-art green technology and see an expansion of 22 new fully-serviced commercial lots at the Parry Sound Industrial Park.
"The support from FedNor is deeply appreciated by the entire team at Huntsville Forest Products. This will enable our efforts to advance the design, planning, and eventual construction of one of the safest and most efficient hardwood sawmills in Canada. We are very excited to establish this facility, and our broader business, as a cornerstone of the Canadian forest products sector," said Malcolm Cockwell, president and managing director of Huntsville Forest products, in a press release.
Since 2015 FedNor has provided more than $365 million towards 821 projects in communities and First Nations across Northern Ontario.
CTVNews.ca Top Stories
NEW Is there a cost to convenience? Canada approves new cancer immunotherapy treatment
A new cancer treatment recently approved in Canada promises to cut treatment time down to just minutes, but experts have differing opinions on whether it's what's best for patients.
Air Canada walks back new seat selection policy change after backlash
Air Canada has paused a new seat selection fee for travellers booked on the lowest fares just days after implementing it.
Canada's new dental program offering hope of free care to millions but many dentists aren't signed up
A new Canadian dental care program is offering the hope of free care to millions, but while 1.7 million people have signed up for the plan, only about 5,000 dentists have done the same.
Province boots mayor and council in small northern Ont. town out of office
An ongoing municipal strike, court battles and revolt by half of council has prompted the province to oust the mayor and council in Black River-Matheson.
King Charles III returns to public duties with a trip to a cancer charity
King Charles III returned to public duties on Tuesday, visiting a cancer treatment charity and beginning his carefully managed comeback after the monarch's own cancer diagnosis sidelined him for three months.
NDP says Ottawa's new grocery task force isn't living up to government promises
The federal government says the task force it created to monitor and investigate grocery retailers' practices has not conducted any probes and doesn't have a mandate to take enforcement action.
A group of Toronto tenants have been on a rent strike for a year and say there's no resolution in sight
Dozens of tenants in Toronto's Thorncliffe Park area have now been withholding their rent for one year, and it’s unclear when the dispute will end.
U.K. police arrest man wielding a sword in east London, 5 people are taken to the hospital
A man wielding a sword attacked members of the public and two police officers on Tuesday in the east London community of Hainault before being arrested, police said.
Archeologists search for remnants of Halifax's 250-year-old wall that surrounded the city
Archeologist Jonathan Fowler is using ground-penetrating radar to search for historic evidence of the massive wall that surrounded Halifax more than 250 years ago.