Province investing in business expansion and community growth in the Northwest
A handful of projects and organizations saw a boost with a recent round of provincial funding announcements.
The Ontario government is providing more than $1.5 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to four economic development projects in the Rainy River District. This investment will help improve municipal infrastructure, promote Indigenous culture, expand company operations and create jobs in the Northwest.
“Our government’s modernized NOHFC programs make it easier for more people and businesses to apply, and support more projects in small, rural communities across the Northwest,” said Greg Rickford, Minister of Northern Development and Member of Provincial Parliament for Kenora-Rainy River. “We are proud to invest in projects that support business diversification, as well as projects that help First Nations communities continue to thrive.”
· $499,980 for Titan Manufacturing – a manufacturer of prefabricated building components located in Devlin – to purchase a building and equipment to expand its production capacity
· $375,000 for Anishinaabeg of Naongashiing First Nation (Big Island First Nation) to update its Pow Wow grounds, including upgrading the lighting system, pouring a concrete slab, and installing an overhead canopy and permanent seating for 600 people
“Titan Manufacturing is extremely grateful for the financial assistance it has received through the NOHFC. This assistance has helped us purchase our manufacturing facility and a new computerized saw to expand our business operations in Devlin. We currently have 16 full-time employees, and we are continuing to grow. 2023 will be our most successful year ever and we project we will have 25 full-time positions next year. The NOHFC support we have received strengthens the Rainy River District economy by creating new jobs, economic growth and business expansion,,” said Brian Hagarty, President, Titan Manufacturing.
The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects—big and small, rural and urban—that stimulate growth, job creation and skills development. Since June 2018, the NOHFC has invested more than $717 million in 5,875 projects in Northern Ontario, leveraging more than $2.3 billion in investment and creating or sustaining over 9,260 jobs.
The Ontario government launched new and improved NOHFC programs that support more projects in rural northern communities and make it easier for more people and businesses to apply. The programs target existing and emerging markets, provide more work opportunities for Indigenous people and address the skilled labour shortage in the North.