August 16, 2019 – Township of Ignace, ON – Federal Economic Development Initiative for Northern Ontario – FedNor
Families and businesses in the Township of Ignace will benefit from future job creation, long-term growth and a strong economic outlook, thanks to a Government of Canada investment of $94,500. This targeted FedNor funding will enable the community to develop an investment and capacity-building master plan.
The Honourable Bob Nault, Member of Parliament for Kenora, made the announcement today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor.
Identified as a local priory, the master plan will outline a vision and long-term economic strategy for the community. Specifically, FedNor funding will support the three key components of the master plan, which include developing and implementing economic development and tourism strategies, as well as completing a community capacity study. Once complete, the initiative will provide the township with the planning tools and tactics needed to attract private sector investments and businesses to the area, while creating jobs, enhancing tourism and maximizing social, economic and growth opportunities in the community.
“The Government of Canada is committed to supporting communities in their efforts to stimulate economic and business development, while creating new opportunities for local residents. I am proud that our government is investing to enable local partners, like the Township of Ignace, to chart the course for community growth and prosperity.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor
“Our Government is empowering Northern Ontario communities to take charge of their economic futures by investing in local priorities that support jobs, growth and a strong economy. By investing in the Township of Ignace, we are helping to maximize the community’s economic and tourism potential, while supporting long-term growth and prosperity throughout the area.”
– The Honourable Bob Nault, Member of Parliament for Kenora
“I would like to thank the Government of Canada for recognizing the unique needs of our community by investing to strengthen the social and economic outlook of the Township of Ignace. Once complete, the master plan will help in ensuring our community continues to be a great place to live, work, play and do business.”
– Donald Cunningham, Mayor, Township of Ignace
The funding announced today is provided through FedNor’s Northern Ontario Development Program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation throughout the region.
Since 2016 and through successive budgets, the Government of Canada has earmarked an additional $62 million for FedNor in support of various initiatives to enable the organization to further strengthen Northern Ontario’s economy and create even more middle-class jobs for Canadians.