THUNDER BAY, ONT.—Northern municipalities will be getting $15 million annually from the Ontario government over the next five years to help support infrastructure projects.
The new Northern Ontario Resource Development Support (NORDS) Fund, part of the government’s Building Ontario Plan, will share the benefits of mining and forestry with municipalities and complement existing funding streams for building infrastructure, indicates a release.
“Our government is delivering on our commitment to share the benefits of resource development with northern municipalities,” said Greg Rickford, minister of northern development, mines, natural resources and forestry, in a statement. “Northern communities face unique realities, as do the industries and sectors that drive our northern economy. Programs such as NORDS are central to our vision for building strong northern communities, supporting economic development, and creating optimum conditions for businesses to thrive, grow, and create good jobs.”
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