"Supporting Northwestern Ontario's entrepreneurs, business owners and non-profit organizations has never been more important," said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. "Business growth is key to healthy regional economies and communities. With this funding, our government continues to strengthen economic diversification and job creation across the North."
The following funding is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC):
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 $414 million in 3,934 projects in Northern Ontario, leveraging more than $1.4 billion in investment and creating or sustaining over 6,000 jobs.