Supporting Jobs and Growth in Central Ontario
Province Investing in Local Economic Development
Ontario is helping communities in central Ontario boost tourism, attract investment and create jobs.
Projects in central Ontario that have recently been approved for funding from the Rural Economic Development program include:
- The Town of Whitchurch-Stouffville will receive up to $45,000 to create a five-year Economic Development Strategy and action plan to ensure the ongoing competitiveness and success of the community.
- The Ontario Business Improvement Area Association will receive $6,612 for a new website that will provide better access for BIAs to much-needed resources.
- The City of Barrie will receive up to $15,000 to determine the viability of a year-round farmer's market in its downtown core.
- The Country Heritage Agricultural Society in Milton will receive up to $68,245 to develop a range of business, programming, marketing and funding strategies for Country Heritage Park.
- Intellimeter Canada Inc., an innovative metering solutions company in Pickering, will receive up to $20,642 for equipment upgrades that will increase its potential for research and development, product development, and market expansion.
- MBRP Inc., manufacturers of performance exhaust technology, will receive up to $42,222 to modernize its business operations. This investment will enable the company to better compete in the global market and bring much needed year-round jobs to the Town of Huntsville.
- The Muskoka Steamship and Historical Society will receive up to $78,750 to develop a plan for a major building expansion, with the objective of creating a high-impact, experiential and interactive destination for visitors to the Muskoka area.
- The Ontario Water Centre will receive up to $100,000 to develop a three-year business and implementation plan to launch Clear Water Farm as a centre of excellence for water-related research, learning and innovation.
- The Town of Collingwood will receive up to $15,000 to complete the first phase of the creation of a Downtown Master Plan.
- The Town of Caledon will receive up to $50,000 to create a Community Improvement Plan to improve the physical environment of each of the six villages that make up the town.
For a full list of projects supported by Rural Economic Development program, 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.
“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.”