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
Trudeau acknowledges charges in Nijjar killing, calls for commitment to democracy
Prime Minister Justin Trudeau has acknowledged the charges laid Friday in relation to the murder of B.C. Sikh activist Hardeep Singh Nijjar.
No proof man lied to brother about number of kittens born in litter, B.C. tribunal rules
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
Bodies recovered in Mexico likely 2 Australians, 1 American who went missing: officials
Three bodies recovered in an area of Baja California are likely to be those of the two Australians and an American who went missing last weekend during a camping and surfing trip, the state prosecutor’s office said Saturday.
Princess Anne lays wreath at B.C. veteran's cemetery; receives 21-gun salute
Princess Anne paid tribute to veterans buried at a cemetery in British Columbia today, laying a wreath to honour the more than 2,500 military personnel and family members buried there.
Mystik Dan wins the 150th Kentucky Derby at Churchill Downs in a three-horse photo finish
Mystik Dan won the 150th Kentucky Derby in a photo finish, edging out Forever Young and Sierra Leone for the upset victory.
'I just can't believe that it took so long': Body found in wreckage 3 months after deadly fire
A man accused of arson in a January Old Strathcona apartment fire is expected to be charged with manslaughter after a body was discovered in the burned building late last month.
Quebec police hand out hundreds of tickets to Hells Angels and other bikers before 'first run' meeting
Quebec provincial police handed out hundreds of fines to Hells Angels members and other supporting motorcycle clubs who met for their 'first run' in a small town near Sherbrooke, Que.
Work stoppage possible as WestJet issues lockout notice to maintenance engineers' union
A lockout notice issued by WestJet to a union representing aircraft maintenance engineers could result in a work stoppage next week.
London Drugs begins 'gradual reopening' on 7th day after cyberattack
Almost a week after all London Drugs stores across Western Canada abruptly closed amid a cyberattack, they began a "gradual reopening" on Saturday.