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
Serial sexual offender linked to unsolved 1970s homicides of four Calgary girls, women
An investigation into unsolved historical homicides from the 1970s has linked the deaths of two girls and two young women in and around Calgary to a now-deceased serial offender.
Woman with liver failure rejected for a transplant after medical review highlights alcohol use
For nearly three months, Amanda Huska has been in an Ontario hospital, part of it on life support, because of severe liver failure. Her history of alcohol use is getting in the way of her only potential treatment: a liver transplant.
$500K-worth of elvers seized at Toronto airport
Fishery and border service officers seized more than 100 kilograms of unauthorized elvers at the Toronto Pearson International Airport on Wednesday.
Toronto eliminated from PWHL playoffs
Toronto has been eliminated from the PWHL playoffs.
Information commissioner faces $700K funding shortfall, says system is 'overwhelmed'
Canada's information commissioner says her office is facing a $700,000 funding shortfall that could impact its ability to investigate complaints about government transparency and accountability.
B.C. man 'attacked suddenly' by adult grizzly near Alberta boundary: RCMP
A B.C. man is recovering from multiple injuries after he was "attacked suddenly" by an adult grizzly bear near Elkford Thursday afternoon.
Backlash over NFL player Harrison Butker's commencement speech has reached a new level
The NFL is distancing itself from controversial comments by Kansas City Chiefs kicker Harrison Butker during a recent commencement address.
Dabney Coleman, actor who specialized in curmudgeons, dies at 92
Dabney Coleman, the mustachioed character actor who specialized in smarmy villains like the chauvinist boss in '9 to 5' and the nasty TV director in 'Tootsie,' has died. He was 92.
Craig Berube named as next head coach of Toronto Maple Leafs
The Toronto Maple Leafs have named Craig Berube as their new head coach.