Supporting Jobs and Growth in Northwestern Ontario
Province Investing in Local Economic Development
Ontario is helping communities in northwestern Ontario boost tourism, attract investment and create jobs.
Projects in northwestern Ontario that have recently been approved for funding from the Rural Economic Development program include:
- The Township of Ear Falls will receive up to $14,675 to update their Business Retention and Expansion Plan to improve the local business climate.
- The Top of Lake Superior Chamber of Commerce, in collaboration with other area Chambers, will receive up to $21,820 to create a Shop Local Coupon Booklet. Local elementary schools and other not-for-profit organizations may use this initiative as a fundraiser.
For a full list of projects supported by Rural Economic Development, click here.
Supporting rural communities is part of the government's economic plan for Ontario. The four-part plan is strengthening Ontario by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.
- Since 2003, Ontario has invested more than $178 million in 549 Rural Economic Development -related projects, generating more than $1.2 billion in local economic activity and creating more than 36,000 jobs.
- Since the program re-launch in 2013, 150 Rural Economic Development projects were approved with a provincial investment of over $21.8 million, generating over $120 million in new economic activity.
- Ontario has increased its annual commitment to the Rural Economic Development program by $10 million to $14.5 million to help rural Ontario generate investment and create jobs.
- The government is also supporting regional economic development through programs such as the Eastern Ontario Development Fund, the Southwestern Ontario Development Fund, and the Northern Ontario Heritage Fund Corporation.
“We are unwavering in our commitment to building Northern Ontario up. Our government’s RED investments in the Northwest help to strengthen and diversify economies and build more prosperous and sustainable communities.”
“A strong, prosperous Ontario includes vibrant, economically diverse rural communities. Our commitment to rural Ontario is unwavering. By providing economic development support at both the local and regional level, the Rural Economic Development program will help rural Ontario’s economy, and its communities, grow stronger.”