Government of Canada Investment to Support Economic Development in the Atikokan Region
ATIKOKAN, Ontario, March 28, 2012 — The Honourable Tony Clement, Minister for FedNor, today announced a Government of Canada investment of $75,000 to support community-based economic development initiatives in the Atikokan region.
“The Government of Canada is pleased to partner with local organizations, such as the Atikokan Economic Development Corporation, to support initiatives that strengthen and diversity the economy of the region,” said Minister Clement. “Today’s announcement will help promote local economic development and community improvement projects.”
The FedNor funding will enable the Atikokan Economic Development Corporation to fund a variety of community-based economic development projects in its service area. Based in Atikokan, the organization is one of 24 Community Futures Development Corporations (CFDCs) funded by FedNor to serve Northern Ontario businesses and communities. CFDCs are not-for-profit organizations, each run by a board of local volunteers and staffed by experienced business and economic development professionals.
“We are committed to our leadership role in helping communities compete in a diverse, global economy,” said Dave Elder, Chair of the Atikokan Economic Development Corporation. “These FedNor funds will help us support identified, priority projects in the region.”
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.
For more information, please contact:
Office of the Honourable Tony Clement
705-941-2105 or 1-877-333-6673 Ext 306