Kapuskasing To Market Community Assets
McGuinty Government Helps Community Prepare For Future Investment
The Town of Kapuskasing is undertaking two key initiatives that will better position the community to attract investment and jobs in the future.
The Kapuskasing Economic Development Corporation is developing an inventory of all industrial and commercial properties in the community. The advantages and extent of existing community assets will be promoted to potential investors. The corporation is also preparing a "gaps-and-needs analysis" to help assess its ability to potentially meet the future needs of a hydroelectric project on the Lower Mattagami River.
The province is providing $30,000 through the Northern Communities Investment Readiness (NCIR) program to support both projects.
- To date, more than $1.4 million in NCIR funding has been approved for 145 initiatives across the North.
“By understanding the quality and quantity of its assets, communities like Kapuskasing are better positioned to promote themselves as preferred destinations for investment.”