More than $10.5 million in provincial dollars is being distributed to forestry and mining companies across northeastern Ontario.
The government announced on July 20 some targeted funding to companies in the Timmins,Cochrane and Temiskaming districts. The government said 115 jobs will be created in the region.
The province said funding is earmarked for 24 projects. The government provided the details on grants that went to three companies.
$5 million to Certarus Ltd. to expand their compressed natural gas service to mining and forestry companies in Northern Ontario. This funding will create 41 new full-time jobs and five seasonal jobs.
$1 million to DJB Mining Products and Services to help expand their commercial and operational capacity by purchasing property and new mining equipment. This investment will create six new full-time jobs.
$184,178 to Bush Brothers Inc. to purchase equipment and increase their log loading and hauling capacity. Four full-time jobs will be created.
A master list of companies and organizations receiving funding from the Northern Ontario Heritage Fund is available here.
“Our government is proud to support Ontario’s mining and forestry sectors. These industries are the backbone of our northern economy, bringing good jobs and opportunities to hardworking people across Northern Ontario,” said Northern Development, Mines, Natural Resources and Forestry Minister Greg Rickford in a statement. “Today’s investments are a reminder of our commitment to stimulate growth in every region of the north and ensure that Northern Ontario is a place where businesses can thrive, expand and prosper.”
"I would like to thank the Government of Ontario for investing and believing in our company," said DJB Mining Products and Services president Daniel Brunet. "If it wasn’t for the Ontario government's help this year, we would not have been able to grow our workforce and increase production efficiency to better serve our customers. We are looking forward to working with the Province on future projects as well."
"With the funding from the Ontario government, we have expanded our load and haul business to add extra log loader and haul trucks to our existing fleet," said Bobby Lamothe and Pete Lamothe, co-founders, Bush Brothers Inc. "Our goal was to create new, stable employment for our community and we have done that."
