Fedeli releases $ 1.25 million in funding for 7 local projects – .

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Fedeli releases $ 1.25 million in funding for 7 local projects – .



MP Fedeli Says Funding Will Create 33 New Jobs While Promoting Economic Development In Northeastern Ontario

Seven local businesses receive approximately $ 1.25 million from the Northern Ontario Heritage Fund Corporation, Nipissing MPP Vic Fedeli of the site of the new waste treatment and recycling center announced Friday. Canor Construction’s commercial and industrial building site on Marsh Drive in North Bay.

According to Fedeli, the funding will create 33 new jobs while promoting economic development in Northeastern Ontario.

“Our government continues to foster a strong future in Nipissing by supporting economic growth, job creation and reaffirming the North as a great place to live and work,” said Fedeli. “It’s another way of signaling to the world that Northern Ontario is open for business and open for jobs.

Ken Sim, President of Canor Construction, said, “The financial assistance provided by the NOHFC has allowed us to expand our operations, grow our team and provide much needed service to the commercial and industrial sectors of the Nipissing region. Recyclable materials will be diverted from the landfill as the new waste treatment and recycling center will allow them to be processed by Canor and its recycling partners within the community.

Although Canor did not receive the largest of the grants, Fedeli stressed the importance of the project. “They will divert the waste from the landfill and make it a viable product that they can sell,” he said, pointing to piles of materials nearby (see photo gallery). “It’s tons of waste. ”

Canor grinds construction waste, grinds it into wood chips that can be sold and reused. The recycling operation is unique to the north, Sim says, and in addition to the green component, it also has the added benefit of creating jobs.

“We have hired three full-time positions and when it opens and at full capacity in 2022, we’ll likely grow to around 10 full-time positions,” Sim advised.

Another recipient of NOHFC funding, North Bay Plastic Molders, “appreciates all the help from MPP Vic Fedeli. This is a huge help in increasing export sales and the relocation of products imported to Canada as well as job creation, ”said Donald Champagne, president of the company.

NOHFC’s funding of $ 1.25 million will go to the following projects:

  • $ 400,000 for Fabrene Inc. – a manufacturer and supplier of high quality plastic products – to purchase new equipment.
  • $ 200,000 to Eagle Eye Drilling Services Inc. – a drilling contractor specializing in long-hole drilling services for the underground mining industry – to purchase drills and other equipment.
  • $ 199,950 for Eastep Family Farms – a start-up mixed-use farming business focused on commercial goat farming as well as cash crops of wheat and barley – to help with farming and machine repairs.
  • 175,922 for the Finch Beach Resort – a regional retreat offering a post-COVID tourist market – to help with the purchase of goods, the construction of the winterized art studio, the renovations of cabins and sheds and the purchase of furniture and household appliances.
  • $ 160,000 for Canor Construction Inc. – professional construction, landscaping, renovation and excavation services – to start a new division focused on recycling and waste treatment in North Bay.
  • $ 101,004 for North Bay Plastic Molders Inc. – a plastic injection molding service – to purchase new equipment to grow the business.
  • $ 14,400 for the Municipality of East Ferris – this funding will assist in the planning process for Phase 1 of the East Ferris Industrial Park.

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