Creating Thousands Of New Jobs In Northern Ontario
McGuinty Government Supports Northern Economic Development
More than 3,200 new jobs were created with support from the Northern Ontario Heritage Fund Corporation last year.
- Entrepreneurs and youth who put their ideas into action to start their own businesses
- Existing enterprises that grew and provided new job opportunities
- Communities were expanded and public infrastructure was updated, creating jobs and offering new services for families and residents.
New jobs have been created for northerners in diverse fields such as manufacturing, health care and information technology. This support is part of the government's five-year Open Ontario plan to create jobs and economic opportunities in Northern Ontario.
- In 2010, the NOHFC invested $158.2 million in approximately 1,010 projects which generated more than $814 million in direct expenditures across Northern Ontario.
- Since 2005, 1,950 job placements have been created in the North through the NOHFC'S Youth Internship and Co-op Program, including more than 500 in 2010 alone.
“These NOHFC investments demonstrate the McGuinty government's commitment to diversifying the northern economy and helping northerners, particularly our young people, grow their families and careers close to home.”
“We are a company that employs six staff that otherwise may not have had the same growth success without the NOHFC programs. It has given us the financial security to take on new staff and to keep them working for a longer period of time.”