Around the North

Canada Mortgage and Housing Corporation (CMHC), with Kenora MP Greg Rickford, announced an investment of more than $14.2 million to improve housing conditions for 36 First Nation communities in Ontario.

Waubetek Business Development Corporation is staging their Tourism/Business Conference 2011, March 3-4 at Sault Ste. Marie's Algoma's Water Tower Inn.

Detour Gold announced that Caterpillar Financial has agreed to underwrite up to US$105 million in mobile fleet equipment financing to fund the acquisition of Cat mining equipment supplied by Toromont Industries Limited.

Magma Metals reports their Thunder Bay North base metal project has economic potential to be an open pit mine.

AbitibiBowater is selling its 75 per cent stake in its Ontario hydro assets for $300 million.

The Dryden Development Corporation (DDC) took top honours for a specialty publication at the Ontario Economic Development Awards in Toronto, Feb. 3.

Four Buchanan Forest Products mills in northwestern Ontario have been placed in receivership or with a bankruptcy trustee.

The Ontario government intends to introduce legislation later this year that would modernize the forest tenure and pricing system. The proposed system would establish two governance models for managing and harvesting Crown wood.

The Sudbury-based Music and Film in Motion (MFM) is hitting the road, bringing a pair of workshops to Timmins on Feb. 3 as part of its InSight and Sound Seminar Series.

A 28-year-old Sudbury-area man employed by contractor J.S. Redpath Limited was killed in a mining accident at Xstrata's Kidd Mine in Timmins on Jan. 7.