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Archived - Harper Government Investments to Enhance Tourism and Promote Growth in the Town of Cochrane
January 20, 2015 – Cochrane, Ontario – Industry Canada/FedNor
The Honourable Greg Rickford, Canada's Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario (FedNor), announced today an investment by the Harper Government totalling $660,000 to support two strategic initiatives in the Town of Cochrane.
To increase tourism in the region, a FedNor investment of $400,000 will enable the community to expand its premier tourism attraction, the Cochrane Polar Bear Habitat. Specifically, the funding will be used to create an enclosure so the polar bears can swim and fish in a more natural, wildlife-type setting. Once complete, this initiative will help attract more visitors to the area by creating a new tourist experience, unique to Northern Ontario.
To help accelerate economic development and growth in the community, a FedNor investment of $260,000 will enable the Town of Cochrane to expand the Tim Horton Events Centre to meet the immediate and future business needs of the region. This targeted investment will be used to increase floor space, install a movable partition and integrate advanced multi-media tools such as video conferencing.
- The funding announced today is provided through FedNor's Northern Ontario Development Program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation throughout the region.
- Since 2006, through FedNor's Northern Ontario Development Program, the Harper Government has invested $329 million in support of more than 1,600 projects. These investments have supported more than 21,500 jobs throughout Northern Ontario.
“The Harper Government is proud to help Northern Ontario communities capitalize on the inherent strengths of the region to support jobs, growth and prosperity throughout the area. By investing to expand the Polar Bear Habitat and modernize the Tim Horton Event Centre, our Government is helping to maximize the economic and tourism potential of the Town of Cochrane.”- The Honourable Greg Rickford
Canada's Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario
“The Town of Cochrane is thrilled to partner with the Government of Canada and FedNor to build a strong, sustainable social and economic foundation for our community. The funding announced today will allow us to further position Cochrane as a destination of choice for travelers and an ideal place to live, work, play or establish a business.”- Mayor Peter Politis
Town of Cochrane
- To find out more about our programs and services, please visit: fednor.gc.ca and follow us on Twitter @FedNor.
Office of the Honourable Greg Rickford
705-690-0957 or 1-877-333-6673 Ext 303
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