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Thunder Bay & NWO Feature

Red Rock is looking to its waterfront as a means of revitalizing the local economy through a port enhancement study.
Red Rock looks to marina expansion, cruise ship tourism

There’s not too much to cheer about in Red Rock these days.

The community of 1,060, an hour’s drive east of Thunder Bay, has been without a major employer since Norampac closed its Kraft papermill in 2006.

 


Thunder Bay & NWO News

Thunder Bay keeps convention business coming
 In a volatile tourism market where visitors and major hotel chains were holding the line on personal and capital spending, Thunder Bay weathered the economic storm quite nicely. 
Red Rock looks to marina expansion, cruise ship tourism
There’s not too much to cheer about in Red Rock these days.The community of 1,060, an hour’s drive east of Thunder Bay, has been without a major employer since Norampac closed its Kraft papermill in 2006. 
Thunder Bay growers become destination attraction
The kind of parties that Vanderwees Home & Garden Centre throws usually brings out the cops.But their job is restricted to directing traffic of the hundreds of greenthumbers who make their way out to Mapleward Road on the outskirts of Thunder Bay.
Safeway clears space for local farmers
A food research expert is adopting a wait-and-see approach to a marketing push by Safeway grocery chain to provide shelf space for locally grown food.

Thunder Bay & NWO Community Profile

Situated on the shores of Lake Superior in northwestern Ontario, Thunder Bay’s unique location has defined its reputation as a major transportation hub sporting large seaport facilities, major railway lines and the junction of the Trans-Canada Highway.

The city’s location as a gateway to vast tracks of wilderness has also made it a resource base for the forest industry, a major growth engine. Efforts to develop forestry continue by building a strong value-added sector.

The Community Economic Development Commission is a chief mechanism to enhance the region’s potential. One major initiative has capitalized on the region’s resources by using Thunder Bay as a base for manufacturing and skilled labour for development in the Alberta Oil Sands.

In co-operation with Bombardier, community partners leveraged their expertise to secure a $700-million contract to develop subway cars for the Toronto Transit Commission.

Projections for the emerging knowledge-based industry are similarly optimistic. The city’s Munro Street Research Centre, revamped with a $6 million upgrade, will house the Molecular Medicine Research Centre. A projected $100 million injection into the economy is anticipated as a result of the consortium comprised of Molecular Medicine Research Centre, Lakehead University Research Lab, Lakehead Superior Centre for Regenerative Medicine, Genesis Genomics and others.

As an adjunct to a multi-targeted economic development initiative, the city will continue to capitalize on its robust tourist industry defined by such premier attractions as Eagle Canyon, Kakabeka Falls, and the vistas of Lake Superior’s shoreline and surrounding waterways.

Thunder Bay News from NetNewsledger.com

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Thunder Bay to host Northern Ontario Business Awards
Tickets are still available for the Northern Ontario Business Awards set for Thunder Bay this fall.The 24th annual event, celebrating the region's best and brightest in business, is slated for Oct. 7 at Thunder Bay's Victoria Inn. 
Energy minister inspects progress on Mattagami dams
 Ontario Energy Minister Brad Duguid and Ontario Power Generation president Tom Mitchell were in the Far North in late August, inspecting progress on hydroelectric dam construction on the Lower Mattagami River. 
First Nickel raising money for Sudbury mine expansion
With a new labour deal in place, Sudbury's First Nickel Inc. is on the prowl for money to expand its Lockerby Mine.The company announced Aug. 25 that it has entered into an engagement letter to appoint the Canadian branch of Société Générale (SocGen) and the Commonwealth Bank of Australia (CBA) to act as the lead arrangers for a senior secured project facillity loan of up to $30 million. 
Fraser survey ranks Ontario 20th globally as favourable mining jurisdiction
Ontario made few strides toward reaching elite status in the Fraser Institute's Survey of Mining Companies.The British Columbia public policy think-tank released a mid-year update in August, in which Ontario moved up one spot to 20th place. 
Ontario ministers long on talk, short on deliverables, say chiefs
A group of First Nation chiefs want money from the Ontario government to begin reparing their communities for mine development in the Ring of Fire.
Solar company beams in Sudbury
A Toronto solar company is setting up operations in Sudbury to offer “turnkey” solar power solutions for Northern Ontario clients.
Kirkland Lake gold diggers expand relationship
An exploration partnership between Kirkland Lake Gold and Queenston Mining has grown closer. The two companies are expanding their joint venture program in the Abitibi Greenstone Belt of northeastern Ontario with some new wrinkles in their exploration plan. 
Let the biomass conversion begin
The Ontario government has given the official green light to begin converting the Atikokan Generating Station from burning coal to biomass. 
Ring of Fire junior releases resource estimate
Probe Mines has released an initial mineral resource estimate for its Black Creek chromite deposit at McFauld's Lake in the James Bay lowlands.
Highway contracts awarded in northeastern Ontario
Highway improvements are being made between Sudbury and North Bay as the Ontario government has announced the awarding of road improvement contracts.