The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, announced a Government of Canada investment of $17,600, through FedNor’s Northern Ontario Development Program, to assist the Town of Iroquois Falls with the development of a five-year economic development strategic plan.

The plan will help the community identify viable economic opportunities to pursue in an effort to increase its tax base, create jobs and attract new residents.

“Our government is working with communities, such as the Town of Iroquois Falls, to ensure that they have the tools they need to grow the regional economy, attract investment, and create middle-class jobs for Canadians. This FedNor investment will help the Town of Iroquois Falls move forward by generating a realistic action plan to strengthen its economy,” says Bains.

“We are delighted that the Government of Canada, through FedNor, is providing funding that will enable us to develop a plan that will help us take charge of our economic future. The strategy is key to our long-term economic success,” adds Iroquois Falls Mayor Michael Shea.

Quick Facts

  • The funding announced today is provided through FedNor’s Northern Ontario Development Program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation throughout the region.
  • Having relied heavily on one sector, the Town of Iroquois Falls is seeking to diversify its economy. The Town’s previous strategic planning activities date back to 1999.
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