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Hearst development corp lands federal funds

Boost expected to assist francophone business owners in the North
Marcel Rheault (left) tours FedNor parliamentary secretary David Lametti around his Hearst distillery where Rheault manufactures his acclaimed Loon Vodka. David Lametti photo

The federal government is providing $72,648 to the Hearst and Area Economic Development Corp. to help francophone businesses.

David Lametti, parliamentary secretary to FedNor Minister Navdeep Bains, made the announcement during a two-day tour of Hearst, Kapuskasing and Timmins.

Lametti is meeting with community and business leaders to discuss how to seize new and emerging opportunities to strengthen Northern Ontario’s economy, support high-growth businesses, and create well-paying, middle-class jobs for Northern Ontarians.

"We’re grateful for today’s funding announcement by the Government of Canada,” Hearst Mayor Roger Sigouin said in a release.

“This FedNor investment will enable us to work with our local small businesses and provide them with the personalized training and mentorship they need to better understand and serve their clientele with the goal of increasing their reach and strengthen their market position."

The funds come from FedNor’s Economic Development Initiative (EDI), which supports innovation, economic diversification and business growth among francophone communities in Northern Ontario.