Federal government pledges $13 million for Indigenous economic development projects

The federal government is providing more than $13 million to support economic development within Indigenous communities, businesses and organizations in northern Ontario.  

In a news release issued Sunday, Sault Ste. Marie MP Terry Sheehan - who also serves as parliamentary secretary to Economic Development Minister Mélanie Joly - stated that the funding flowing through FedNor will support a total of 22 projects across the region. 

“To help kick-start Northern Ontario’s economy, our government is making strategic investments to help communities and businesses capitalize on economic development and growth opportunities. Indigenous small and medium-sized businesses exemplify the ingenuity and drive that is at the core of the region’s entrepreneurial spirit,” Sheehan said in the release.

The projects slated to receive funding include: 

• Economic plans for Mobert First Nation and Red Rock First Nation 
• Hiring of economic development staff for Lac Des Mille Lacs First Nation and Wahkohtowin Development GP Inc.
• Asset mapping for Waabnoong Bemjiwang Association of First Nations
• Support for new community centres and complexes for Webequie First Nation and Ojibway Nation of Saugeen
• New equipment for Seven Generations Education Institute
• Hiring of a training coordinator for Shwe Miikaan Corporation

The Nishnawbe Aski Development Fund will receive nearly $5 million for business development, including youth entrepreneurship, as part of the announced funding package.