NEWS RELEASE
FEDNOR
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COCHRANE - The Government of Canada is investing $792,500 to support infrastructure and business growth, while positioning the Town of Cochrane as a tourism destination of choice for outdoor enthusiasts.
The FedNor funding will support three strategic initiatives that will help create middle-class jobs and a strong economy for Cochrane and surrounding areas (see attached backgrounder).
Paul Lefebvre, Member of Parliament for Sudbury, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, made the announcement today during a multi-stop tour of the region.
The supported projects will strengthen the community’s social and economic competitiveness, while improving key tourism and community assets.
These initiatives also support Canada's Federal Tourism Strategy by establishing a collection of activities and experiences that encourage domestic and international tourists to extend their visits, thus creating additional opportunities for local businesses.
Quotes
“The Government of Canada is helping to build strong, sustainable communities by investing in projects that build on the inherent strengths of the region, create jobs, business opportunities and a vibrant middle-class. These targeted investments will support the development of an already impressive local tourism industry that includes attractions such as the world-renowned Cochrane Polar Bear Habitat.”
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor
“Tourism is a key economic driver for the Town of Cochrane and I am thrilled that today’s announcement will help strengthen and grow this important sector of the economy. Our government is committed to supporting projects that deliver both immediate and long-term results for the people and businesses of Northern Ontario, while making the region a better place to live, work, play and visit.”
Paul Lefebvre, Member of Parliament for Sudbury
“I’m pleased that the Government of Canada recognizes our efforts to solidify Cochrane’s position as a major tourism draw for Northern Ontario that is helping to fuel the regional economy. By investing to improve and expand our outdoor infrastructure and trail systems, FedNor is helping us to send the clear signal that our community is welcoming and open for business.”
Mayor Peter Politis, Town of Cochrane
Quick Facts
- The investments announced today were provided through the Canada 150 Community Infrastructure Program (CIP 150), as well as FedNor’s Northern Ontario Development Program (NODP) and Economic Development Initiative (EDI) for Northern Ontario.
Related products
- Backgrounder: FedNor Investments to Boost Tourism and Transform Commando Park into a Social and Economic Hub for the Town of Cochrane
Associated links
- To find out more about our programs and services, please visit: fednor.gc.ca
- Follow us on Twitter @FedNor
- Follow the Minister on Twitter: @MinisterISED
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