Supporting Tourism and Recreation In Eastern Ontario
September 4, 2010 2:00 PM
McGuinty Government Invests In Economic Growth, Creates Local Jobs
Ontario is supporting the expansion of a popular recreation site in Haliburton, which will create jobs and drive tourism.
Sir Sam's Ski Area Limited is expanding its Eagle Lake four-season family resort operations through a number of property and equipment enhancements, including their main chalet, skiing and snowboarding facilities, mountain biking trails, and lifts. The comprehensive development plan also calls for an increase in snowmaking capacity and additional storage space and parking.
Sir Sam's investment of over $1.2 million is supported by a provincial grant of $184,500 through the Eastern Ontario Development Fund. The project will create 10 new jobs and secure 25 existing ones.
Partnering with local business organizations is a key component of the Open Ontario five-year plan to create new job opportunities and promote economic growth in the province.Quick Facts
- To date, the EODF has committed over $24 million to 51 announced projects representing a total project investment of over $162 million and the creation of 725 projected new jobs.
- In 2008, eastern Ontario's gross domestic product was approximately $66 billion, representing 12 per cent of the provincial total.
- Tourism contributes $11.3 billion, or 3.8 per cent, to Ontario's GDP.
Learn More
- Visit the Eastern Ontario Development Fund or call 1 866-909-9951 for more information on funding opportunities for eastern Ontario.
- Review Ontario's toolbox for businesses, including government-funded programs
Contacts
- Tim Weber
Minister's Office
416-325-4520
- Dominique J. Paquet
Comminucations Branch
416-325-8775
Ministry of Economic Development and Innovation
ontario.ca/economy