News Release Article from  Government of Canada

Government of Canada Invests to Enhance Tourism and Boost Economic Growth in the Township of Lake of Bays

January 26, 2016 – Dorset – Federal Economic Development Initiative for Northern Ontario – FedNor

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, today announced an investment of $45,000 to enable the Township of Lake of Bays to create a business development and growth strategy for Dorset's waterfront area and the community's downtown core.

Designed to increase tourism and maximize the economic potential of Dorset's downtown core, this investment will help identify and prioritize business and growth opportunities, while creating an economic roadmap to help the community create jobs and boost tourism throughout the area.

Quick facts

  • This investment helps support the region's tourism sector realize its full economic and social potential.
  • 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.

Quotes

"Waterfront development and downtown revitalization projects are proven economic drivers for Northern Ontario communities, which is why the Government of Canada is proud support this local initiative. By investing in community priorities that create jobs and promote sustainable economic growth, the federal government is helping to create a stronger, more diversified economy for the Township of Lake of Bays and communities throughout the region."

– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor

"Today's announcement clearly demonstrates that the Government of Canada recognizes the needs of Northern Ontario communities and is investing to help us succeed. I am confident that this priority project will help pave the way for the future growth and prosperity of our community."

– Bob Young, Mayor, Township of Lake of Bays

Associated Links

Contact

Barclay Babcock
Communications Officer - FedNor
705-690-0957 or 1-877-333-6673 Ext 303
barclay.babcock@canada.ca


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