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Recent Northern Ontario Heritage Fund Corporation Investments

Archived Backgrounder

Recent Northern Ontario Heritage Fund Corporation Investments

Recent NOHFC investments include:

  • Fleming Logging and Trucking in Algoma received $1 million to purchase new equipment to support their operations.
  • Cramer Dairy Farm in Thunder Bay received $748,000 to expand their operations.
  • Next Hydrogen in North Bay received $500,000 to implement and test large-scale prototype that turns water into oxygen and hydrogen gas.
  • AirSuite in Thunder Bay received over $380,000 to develop flight systems for fixed wing and helicopter operators for improved safety.
  • The Rainy River Future Development Corporation received $1 million to increase the yields of the crops grown on them.
  • Canadore College in North Bay received $3 million to build their health sciences and healthcare complex.
  • The Township of Chapleau received $63,000 for their downtown revitalization.
  • Health Sciences North in Sudbury received $315,000 for their Northeastern Ontario Cancer Therapeutics Initiative, supporting critical cancer research.
  • Manitoulin Radio Communication received $15,000 to host their Rockin' the Rock event.
  • The Greater Sudbury Public Library Board received $11,772 to host their Graphic-Con event.
  • Flosonics Medical in Sudbury received $31,200 to employ a Software Engineer Intern to work on testing a new medical device.
  • The Anishinabek/Ontario Fisheries Resource Centre in North Bay received $31,500 to hire an Aboriginal Fisheries Technician Intern to assist with various fisheries projects.

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