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Ontario Launches Recovery Program for Northern Businesses

Ontario Launches Recovery Program for Northern Businesses

Impacted by COVID-19

TORONTO, ONTARIO ~~~~~  September 28, 2020  (LSN)  Today, Greg Rickford, Minister of Energy, Northern Development and Mines and Minister of Indigenous Affairs announced the creation of a new short-term Northern Ontario Recovery Program (NORP) to help businesses adapt to new COVID-19 public health guidelines and protect employees and customers. Kenora, Thunder Bay, Sault Ste Marie, Sudbury, North Bay,

"As the province continues to respond to the ongoing challenge of the global pandemic, our government will continue to support our business owners, entrepreneurs and workers," said Minister Rickford. "There is no denying that COVID-19 has had a significant impact on businesses throughout Northern Ontario and this program will deliver targeted funding so they can continue to serve their communities."

Companies can apply to NORP for assistance with projects that help them adjust to the impacts of COVID-19, such as, but not limited to:

  • Building renovations and new constructions
  • Customer and employee safety installations
  • Equipment purchases, including personal protective equipment (PPE)
  • Marketing for new business initiatives
  • Restructuring of business operations

Applications will be open from October 1, 2020 to December 31, 2020, with the Northern Ontario Heritage Fund Corporation (NOHFC) administering the new program. The current NOHFC program streams will close for applications as of September 30, 2020, to allow the NOHFC to focus exclusively on NORP funding applications.

Minister Rickford also announced plans for a new and improved NOHFC program to be launched in January 2021. The new program will make it easier for more people and businesses to apply and support more projects in rural northern communities. The program will target both existing and emerging market opportunities, provide more work opportunities for Indigenous people and address the skilled labour shortage in the north.

The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects - big and small, rural and urban - that stimulate recovery, growth, job creation and skilled workforce development. Since June 2018, the NOHFC has invested more than $193 million in 1,386 projects in Northern Ontario, leveraging more than $748 million in investment and creating or sustaining 3,912 jobs.

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  • 28 September 2020
  • Author: Robert McKenzie
  • Number of views: 677
  • Comments: 0
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