Sec. May Discusses Economic Development in Peterborough, Northumberland

Federal Economic Development Agency for Southern Ontario

Government of Canada highlights recent CFDC partnerships in the region, while showcasing women-led and clean tech businesses

Rural businesses and entrepreneurs are a key part of Canada's economic recovery, and the Government of Canada is ensuring they have the tools they need to succeed now and into the future. Rural businesses and community organizations are making a big impact on Canada's economy with help from the Community Futures Program, managed by southern Ontario's Community Futures Development Corporations (CFDCs).

Today, Bryan May, Parliamentary Secretary to the Minister of Small Business and to the Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), toured Peterborough and Northumberland County to meet with local businesses and organizations to discuss the challenges and opportunities they face as they work to grow, create jobs, and succeed for years to come.

In the morning, PS May stopped by Northumberland CFDC's partner incubator Venture13, where he participated in a roundtable discussion with local Northumberland businesses, organizations and community leaders. Together, they discussed the important contributions that rural entrepreneurs provide to growing the local economy and the ways in which the Government of Canada can support them as they reach their potential. PS May then met with members of the Peterborough and Kawartha Chamber of Commerce to talk about the economic priorities of the region.

Later that day, PS May attended the launch of ARC Motor Company (ARC), a women-led clean-tech start-up that converts fuel-powered classic cars into high-performing electric vehicles, where he highlighted the important work that CFDCs play in supporting rural business owners meet challenges head on and continue to thrive. ARC was able to gain its start through the support from CF Peterborough, supported by FedDev Ontario through the Community Futures Program, and through the FedDev Ontario funded Northumberland CFDC's thriveFORWARD initiative.

Peterborough and Northumberland County CFDCs, businesses and organizations are paving the way forward to a bright, eco-friendly, and strong economic future.

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