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Communities Partner To Pursue Forestry Opportunities

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Communities Partner To Pursue Forestry Opportunities

McGuinty Government Helps Partners Join Economic Forces

Ontario is helping a municipality and a First Nation in Northwestern Ontario diversify their economies by pursuing forestry opportunities in partnership with a First Nation business.

The Northern Ontario Heritage Fund Corporation (NOHFC) is providing a total of $4,692,189 for three related projects in the Red Lake area.

Investing in infrastructure and partnering with business are part of the government's five-point economic plan to build a stronger economy.

Quick Facts

  • The Red Lake area has a long history as, and continues to be one of the best gold producers in North America.
  • Since October 2003, the NOHFC has approved $393 million for 2,000 projects in Northern Ontario, leveraging $1.2 billion.

Additional Resources

Quotes

“I commend the various partners for working together on this major venture to produce and export value-added wood products.”

Michael Gravelle

Minister of Northern Development and Mines

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Rural and North Aboriginal People