FedNor Minister Tony Clement picked the Federation of Northern Ontario Municipalites annual conference in Parry Sound to announce a $4.4 million federal investment over three years in the Ring of Fire Capacity Building Initiative.
As keynote speaker, Clement introduced a new Building Canada Plan for roads, bridges and transit for Canadian cities and delivered a pledge to invest in “world-class research and innovation.”
For the forestry industry, Clement said Ottawa is providing $92 million over two years, starting next year, to promote innovation, market development and industry transformation.
“We are committed to helping Northern Ontario communities tackle key regional issues, such as the adoption of new technology and the fostering of innovation as well as finding ways to capitalize on emerging development opportunities like the Ring of Fire,” said Clement in a May 10 statement.
