Business, government, and community organizations in the Parry Sound region will all benefit from a total $5 million worth of funding for Parry Sound-Muskoka from FedNor.

The funding announcement was made Monday in Bracebridge by Patty Hajdu, Minister of Employment, Workforce Development and Labour, and Member of Parliament for Thunder Bay-Superior North, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor.

In her announcement, Hadju said, “I am proud to be part of a government that recognizes the unique needs of Northern Ontario and is investing to strengthen communities, accelerate growth and innovation, and promote the region as a world-class tourism destination”.

“This funding will help start and grow businesses through productivity improvements, new equipment and technology, training, mentoring, and access to capital”.

“It will also help a number of young Canadians launch their careers while assisting local organizations and businesses access a talented and qualified workforce.”

The FedNor funding will support 13 priority projects in Parry Sound-Muskoka including these in the Parry Sound region:

  • $495,000: Seguin Township in support of the Parry Sound Area Airport
  • $300,000: Parry Sound Area Community Business and Development Centre Inc.
    to help with ongoing operations for this year.
  • $157,500: Magnetawan First Nation to help establish a rock quarry
  • $31,500: Regional Tourism Organization 12 Parry Sound / Muskoka to recruit a youth intern to help develop new tourism products and packages
  • $31,500 YWCA Muskoka to recruit a youth intern to help the organization promote itself through new media channels

In a statement also released Monday, Minister Bains commented, “ Today’s investment in Parry Sound-Muskoka is building on our competitive advantages by enabling communities and businesses to boost economic growth and create good, middle-class jobs for Canadians.”