Federal funding to help 60 businesses showcase their products and services at the 2023 Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Convention and Expo in Montreal
August 31, 2022 - Temiskaming Shores, ON - Federal Economic Development Agency for Northern Ontario - FedNor
Canada's minerals sector is a mainstay of the economy that employs more than 630,000 people across the country and contributes approximately $100 billion annually to the country's GDP. With a wealth of mines and one of the largest concentrations of mining supply and service companies in Canada, Northern Ontario is primed to capitalize on the rising global demand for critical minerals and materials that will power the transition to clean energy and advanced manufacturing.
Today, the Honourable Anthony Rota, Member of Parliament for Nipissing-Timiskaming, announced a FedNor investment of $412,000 to enable the City of Temiskaming Shores to establish the Northern Ontario Mining Showcase (NOMS) pavilion at the 2023 Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Convention and Expo. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor.
NOMS continues to grow its presence at CIM Expos, building upon its continued success at the Prospectors & Developers Association of Canada (PDAC) Convention held each year in Toronto. Spanning an impressive 5,000 square feet and featuring up to 60 mining supply and service companies from across the region, the FedNor-funded pavilion at CIM EXPO 2023 has nearly doubled in size and scope so it can include more businesses and maximize opportunities for networking and sales. As one of the largest pavilions at CIM 2023, NOMS will provide a unique opportunity to showcase Northern Ontario innovation, including some of the latest in mining equipment, tools, products, services and clean-tech. In 2023 alone, NOMS at CIM is expected to help participating businesses increase sales and exports by more than $1.5 million, creating 30 high-quality jobs in Northern Ontario and maintaining 30 more.
Taking place in Montreal from April 30 to May 3, the 2023 CIM EXPO is expected to attract over 5,000 industry professionals, experts, and decision-makers, and feature more than 450 exhibitors.
Today's announcement supports the Government of Canada's Prosperity and Growth Strategy for Northern Ontario, a plan for economic development, inclusiveness and success. It will help get Canadians back to work and ensure that Northern Ontario's mining supply and service sectors are well positioned to thrive and fully participate in Canada's economic recovery.
