Government of Canada investment to create jobs and support business development and growth in the Killarney region

July 9, 2012

KILLARNEY, Ontario, July 9, 2012 — The Honourable Tony Clement, Member of Parliament for Parry Sound-Muskoka and Minister for FedNor, today announced a Government of Canada investment of $320,000 to help create jobs and support business development and growth in the Killarney region.

“Our government is committed to investing in community priorities that maximize economic development opportunities and growth,” said Minister Clement. “The construction of a modern fish processing facility at the local wharf will enable the Municipality of Killarney to take full advantage of one of the area’s top economic drivers.”

Specifically, the FedNor funding will help the Municipality of Killarney to build a new 2,244-square-foot commercial fish processing facility at the local waterfront. The investment will allow the community to replace and expand its existing processing plant, which was built prior to 1905.

“The announcement made today will help create jobs and strengthen the economic foundation of the Killarney region,” said Morgan Pitfield, Mayor of Killarney. “Creating commercial waterfront opportunities is a proven economic driver for our region and I look forward to the positive results this funding will deliver for the people and businesses throughout the area.”

Funding for this project was provided through FedNor’s Northern Ontario Development Program, which supports initiatives that strengthen community economic development, enhance business growth and facilitate innovation throughout the region.

To find out more about FedNor and its programs, visit: fednor.gc.ca.

- 30 -

For more information, please contact:

Beverly Young
Acting Press Secretary
Office of the Honourable Tony Clement
613-957-2666

Barclay Babcock
Communications Officer
FedNor
705-671-0715 or 1-877-333-6673 Ext 303