Attracting Investment To Nipigon
McGuinty Government Lays Foundation For Future Growth
"The NCIR program is helping northern communities such as Nipigon strengthen their investment attraction strategies and market their advantages to potential investors." Michael Gravelle MPP, Thunder Bay-Superior North
The Township of Nipigon is identifying investment opportunities that will grow the local economy and create jobs.
With support from the Northern Communities Investment Readiness (NCIR) initiative, the township will study the availability of wood fibre in the area and identify other economic development opportunities that will attract new business and spur job creation.
Strengthening local economies is part of the McGuinty government’s plan to create good jobs for families in the face of global economic uncertainty.
Quick Facts
- Stimulating investment in northern communities is in keeping with the Growth Plan for Northern Ontario.
- Since the program’s inception in 2006, more than $2.9 million in NCIR funding has been approved for 289 economic development initiatives across the North.
- Since October 2003, Ontario employment has increased by 502,000 net jobs, more than 68 per cent of which were full-time.
” The Northern Communities Investment Readiness program is an effective tool for northern communities to take stock of community assets and resources to identify opportunities for economic diversification and support job creation.” Rick Bartolucci Minister of Northern Development and Mines
