“These four projects represent a combined $1.5 million investment on a variety of projects that will add jobs, expand businesses, and encourage their economic growth,” said Ross Romano, MPP for Sault Ste. Marie. “The agriculture sector is incredibly important in the overall economic picture of Northern Ontario, in our community and region, and I am happy to advocate for continued support to strengthen it.”
The following funding is being delivered through the NOHFC:
- $683,725 and $429,910 for the Sault Ste. Marie Innovation Centre to complete two tile drainage projects on more than 2,000 acres of farmland in the Algoma and Manitoulin regions. The project will create 14 new jobs and benefit 21 area producers.
- $360,000 for Lallemand Inc. to establish a specialized bacteria inoculation facility and provide plant care solutions to agribusinesses. This project will create 16 jobs and benefit soybean and pulse producers across Canada.
- $99,032 for Thomson Fruit Wines to renovate its facility and purchase new equipment to expand its business and offer new products, creating three jobs.
“Supporting the growth and prosperity of the agri-food sector and employment in rural communities throughout Northern Ontario is a priority for our government,” said Lisa Thompson, Minister of Agriculture, Food and Rural Affairs. “These investments build on other actions contributing to the many stories of innovation, growth and success emerging in the Northern Ontario farming and agri-food sector.”
“The agricultural sector is a key driver of economic growth in Northern Ontario and we are proud to make investments that create jobs and keep the North competitive,” said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. “These investments will help our agriculture sector grow and thrive, providing good job opportunities for northerners.”
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 $432 million in 4,025 projects in Northern Ontario, leveraging more than $1.4 billion in investment and creating or sustaining over 6,200 jobs.
Business and Economy
Information about Ontario’s economy and how to do business here. Includes economic development opportunities, research funding, tax credits for business and the Ontario Budget. Learn more
Jobs and Employment
We’ve got the resource and supports to help connect job seekers with employers. Learn more
Rural and North
Information about the province’s Far North and rural communities. Get connected to business improvement organizations and learn more about funding and programs that support rural, northern and Indigenous communities. Learn more