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Town Of Cochrane Plans For Future Growth

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Town Of Cochrane Plans For Future Growth

Development Plan Will Help Build A Stronger Economy

COCHRANE - The Ontario government is helping the Town of Cochrane build a stronger and more stable economy by investing in a strategic development plan. Timiskaming-Cochrane MPP David Ramsay made the announcement today on behalf of Northern Development and Mines Minister Rick Bartolucci.

"We're on the side of northerners. That is why we are helping the residents of Cochrane develop a plan that will encourage future economic growth," said Ramsay. "Long-term sustainable growth requires careful planning and cooperation and we are committed to working with all partners to build opportunity and prosperity in the North."

The Northern Ontario Heritage Fund Corporation (NOHFC) is investing $13,800 toward a strategic development plan for the Town of Cochrane. Improved planning will enable the community to maximize its resources, identify economic development opportunities and implement projects that will revitalize development and improve investment readiness.

"I am confident that our investment will help put the community on a path to prosperity," said Bartolucci who also chairs the NOHFC. "By building a strong and prosperous economy, we can provide the people of Cochrane with a quality of life that is second to none."

This initiative is just one way the McGuinty government is supporting area communities. Others include:

•    Investing $1 million to upgrade the City of Temiskaming Shores' Dymond Business Park water distribution system to enable the industrial park to pursue new development and new jobs

•    Providing $73,000 to the Township of Armstrong to fund drainage improvements to the Earlton-Timiskaming Airport

•    Providing $50,000 to the Cochrane and Area Community Development Corporation to determine the feasibility of creating an agri-business enterprise cluster.

These initiatives are part of the government's Northern Prosperity Plan for building stronger northern communities. The Northern Prosperity Plan has four pillars: Strengthening the North and its Communities; Listening to and Serving Northerners Better; Competing Globally; and Providing Opportunities for All.

Laura Blondeau
Minister's Office - Sudbury
(705) 564-7454    

Michel Lavoie    
MNDM/NOHFC - Sudbury
(705) 564-7125



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