Supporting Economic Development in Timiskaming-Cochrane
Ontario Strengthening Northern Economy
Ontario is building a stronger, more diverse northern economy by helping municipalities upgrade infrastructure, farmers improve their land and businesses expand their operations in the Timiskaming-Cochrane area.
With an $8.4 million investment from the province's Northern Ontario Heritage Fund Corporation (NOHFC), 17 projects in the Timiskaming-Cochrane region are growing the northern economy.
Projects include upgrades to water and sewer infrastructure in Haileybury, working with the
Northern Ontario Farm Innovation Alliance to assist farmers with tile drainage installation and land clearing, the construction of a multi-use facility and business centre in the Temagami First Nation and the expansion of the B & G Industrial Services metal fabrication shop to a new location in the Township of Harley Industrial Park.
Building economic opportunities in the North is part of the government's plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.
- Ontario is providing more than $8.4 million to 17 projects through the NOHFC.
- Since 2003, the NOHFC has invested $953 million in 6,200 projects in Northern Ontario, creating or sustaining more than 23,800 jobs.
- In the Timiskaming-Cochrane region, the NOHFC has invested $80.2 million in 489 projects, creating or sustaining nearly 2,200 jobs since 2003.
“Our government is committed to investing in new economic development projects across Northern Ontario. I am very pleased that the NOHFC is continuing to help entrepreneurs and northern communities diversify the Timiskaming-Cochrane economy, creating much-needed employment for area residents.”