Northern Ontario Grow Bonds went on sale for the very first time today.
The province has guaranteed a return of four percent a year over a five year term.
Bill Mauro is the parliamentary assistant for the Minister of Northern Development and Mines and says the bonds are only available to residents living in northern Ontario.
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Mauro says this is a pilot project and they are hoping that they will be able to sell out their initial bond offer of 20 million dollars.
