The Canadian government is injecting more money into the Federal Economic Development Initiative for Northern Ontario.
FedNor is one of five regional development agencies sharing $600 million.
Economic Development Minister Melanie Joly says the money will flow through the Regional Relief and Recovery Fund to help businesses cope with COVID-19.
The funding will help address economic development, diversification and job creation in our region.
Joly says “Many tourism businesses from hotels, restaurants and travel agencies as they are going through a really difficult time.”
She adds the government has heard the concerns of businesses and workers.
Northern Ontario’s share is $6-million.
For more information visit http://fednor.gc.ca/eic/site/fednor-fednor.nsf/eng/h_fn00804.html
