News

$1.25 Million in Multi-Sector NOHFC Funding

NIPISSING – Vic Fedeli, MPP for Nipissing, is pleased to announce that the Ontario government is providing $1,251,592 through the Northern Ontario Heritage Fund Corporation     for 7 local projects in the area. This funding will create 33 new jobs while promoting economic development in Northeastern Ontario.

“Our government continues to foster a strong future in Nipissing by supporting economic growth, job creation and reaffirming the North as a great place to live and work,” said Vic Fedeli, MPP for Nipissing. “It’s one more way we are signalling to the world that Northern Ontario is open for business and open for jobs.”

“North Bay Plastic Molders appreciate all the assistance from MPP Vic Fedeli.  This is a huge help in increasing export sales and reshoring imported products to Canada as well job creation,” said Donald Champagne, President of North Bay Plastic Molders Ltd.

“The funding assistance provided by NOHFC has allowed us to expand our operations, grow our team and provide a much-needed service to the commercial and industrial sectors in the Nipissing region. Recyclable materials will be diverted away from the landfill as the new waste processing and recycling centre will allow them to be processed by Canor and recycling partners within the community,” said Ken Sim – President of Canor Construction.

The NOHFC projects include the following:

• $400,000 for Fabrene Inc. – a manufacturer and supplier of high-quality plastic products – to purchase new equipment.
• $200,000 for Eagle Eye Drilling Services Inc. – a drilling contractor that specializes in longhole drilling services for the underground mining sector – to purchase drills and other equipment.
• $199,950 for Eastep Family Farms – a mixed use farming operation start-up with focus on commercial meant goat farming alongside cash crops of wheat and barley – to assist with farming and machine repairs.
• 175,922 for the Finch Beach Resort – a regional retreat offering a post-COVID tourism market – to assist with the purchase of property, construction of the winterized art studio, renovation of cabins and sheds and purchase of furniture and appliances.
• $160,000 for Canor Construction Inc. – professional construction, landscaping, renovation and excavation services – starting a new division geared towards waste recycling and processing in North Bay.
• $101,004 for North Bay Plastic Molders Inc. – a plastic injecting molding service – to purchase new equipment to expand the business.
• $14,400 for the Municipality of East Ferris – this funding will assist with the Phase 1 planning process of the East Ferris Industrial Park.