FedNor invests $3.1M in Sault Ste Marie for Innovation, Tourism & Agri-Food

Federal Economic Development Agency for Northern Ontario - FedNor

Sault Ste. Marie, ON - Federal Economic Development Agency for Northern Ontario - FedNor

The Government of Canada understands that diverse and innovative economies support strong and self-sustaining regions. FedNor's investments in a range of sectors including agri-food, education, and innovation help people in Northern Ontario experience the high quality of living for which Canada is recognized globally.

Today, the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor, and Terry Sheehan, Member of Parliament for Sault Ste. Marie, announced new FedNor investments of $3,172,320 in support of five projects in the Sault Ste. Marie area. The funding will support innovation and technology, education, and the agri-food sector while also creating and maintain jobs, and enabling future growth opportunities.

Of the total FedNor investment, $1,846,662 will enable the Sault Ste. Marie Innovation Centre's Rural Agri-Innovation Network to continue its Sustainable New Agri-Food Products & Productivity program (SNAPP) for another three-year period, $533,208 will go to Sault College to support a new Bachelor of Engineering in Mechatronics degree program, and $500,000 will assist the City of Sault Ste. Marie construct a connecting section of the waterfront boardwalk, joining the two sections. Destination Northern Ontario will also receive $300,000 to modernize and expand its suite of Tourism Excellence North training solutions, and Executive Aviation Fuels Ltd. will receive a repayable contribution of $92,450 to invest in an electric ground power unit and associated infrastructure upgrades.

For the full list of projects, please see backgrounder.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.