1.1 Million Being Invested Into Parry Sound-Muskoka Region

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February 28, 2017 – Parry Sound, ON – Federal Economic Development Initiative for Northern Ontario – FedNor

The Government of Canada is investing $1,157,457 to enhance business development and growth, support infrastructure, create employment, and position the Parry Sound–Muskoka region for sustainable long-term economic prosperity. This FedNor investment will support four strategic initiatives that will be led by the following three local organizations: the Parry Sound Area Community Business & Development Centre, Seguin Township and Township of Lake of Bays.

Paul Lefebvre, Member of Parliament for Sudbury, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, made the announcement today at the Parry Sound and Area Municipal Airport.

Quotes
“The federal government believes in a better Canada, and by investing in these strategic initiatives, we are helping to grow the middle class and support those working hard to join it. The funding announced today will create a stronger, more innovative and diversified regional economy that delivers positive results for people, businesses and communities throughout the area.”

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor

“I am proud to be part of a government that recognizes the unique needs of Northern Ontario and is investing to strengthen communities and accelerate growth in all corners of the region. The funding announced today will create jobs; support infrastructure, entrepreneurs and businesses; and help Milford Bay Trout Farm establish its new processing facility right here at the Parry Sound and Area Municipal Airport.”

Paul Lefebvre, Member of Parliament for Sudbury

“Today’s announcement demonstrates confidence in our organization and the work we do to create jobs and grow the economy, while helping entrepreneurs and businesses succeed. By investing in these four priority projects, FedNor is providing our region with the tools and resources we need to thrive in the modern economy.”

Ken Gallinger, Chair, Parry Sound Area Community Business & Development Centre