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Home » Thunder Bay » $2.5 million invested in seven Indigenous-led initiatives
Thunder Bay

$2.5 million invested in seven Indigenous-led initiatives

February 12, 20253 Mins Read
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$2.5 million invested in seven Indigenous-led projects
Patty Hajdu, MP for Thunder Bay-Superior NorthJodi Lundmark
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Hajdu was on the Neeganii-Iishawin financial growth gathering, the place she introduced the over $2.5 million invested into Indigenous-led initiatives

THUNDER BAY — Greater than $2.5 million in federal funding was introduced Tuesday for seven Indigenous-led financial growth initiatives throughout Northwestern Ontario.

“Indigenous economic development is really critically important to the economy of Northern Ontario and in fact, when Indigenous communities and organizations have an opportunity to prosper, whether it’s through skills training for people, whether it’s through supporting small and medium sized business, that’s when they contribute to the growth of our local and regional economy,” stated Patty Hajdu, Minister of Indigenous Providers.

Hajdu was on the Neeganii-Iishawin financial growth gathering, the place she made the announcement, to “talk about the importance of economic reconciliation especially when we see Canada’s sovereignty and economic independence under threat.”

Hajdu can be the Minister answerable for FedNor, and defined that FedNor can reply to candidates of all completely different sizes.

“Communities might have a specific project. They may, well often, want to develop economic development within their own region. That takes a dedicated person, so even in non-Indigenous communities, FedNor will fund economic development officers . .  . and then the larger organizations often have that capacity, but they’re actually pulling together projects,” Hajdu stated.

Northern Ontario has a possibility to develop and thrive if individuals are included within the development, Hajdu stated, including that Indigenous folks have been saved out of an financial development plan for the area.

“That’s all changing, and FedNor has responded rapidly to make sure that Indigenous businesses, First Nations businesses, Indigenous communities are poised to be able to grab the opportunities that are presented in Northern Ontario,” she stated.

Hajdu stated we are able to’t develop our financial system in Northern Ontario until we embody Indigenous folks and enterprise in that development.

“This is such an opportunity for our region to actually pull together, especially as we see a changing economic landscape here in North America, a changing economic landscape globally. It’s really exciting to see the partnerships that are growing between First Nations people and global partners . . . we have a lot to show the world if we do this right, and Indigenous economic reconciliation is actually going to make Canada’s economy strong and prosperous,” Hajdu stated.

Mishkeegogamang First Nation is receiving an funding of $912,165 to assist the development of a enterprise growth and coaching centre.

Nokiiwin Tribal Council Inc. (NTC) is receiving an funding of $583,854 to assist the event, updating, and implementation of complete group plans for NTC’s member communities.

Kitchenuhmaykoosib Inninuwug First Nation is receiving an funding of $326,846 to assist capital upgrades and the acquisition of recent gear for his or her sawmill and bio-energy web site.

Grand Council Treaty #3 Consultant Providers is receiving an funding of $310,000 to allow the completion of a meals sovereignty prefeasibility examine for 4 the 28 Grand Council Treaty #3 (GCT3) nations.

Kenora Chiefs Advisory Inc. is receiving an funding of $300,000 to assist the hiring of an financial growth officer for a three-year interval.

Chi Mino Ozhitoowin Basic Accomplice Inc. (CMO) is receiving an funding of $165,200 to assist the hiring of a enterprise supervisor who will work to determine and develop financial alternatives within the area together with these related to the Waasigan transmission line venture.

Hajdu additionally highlighted a earlier funding of $67,500 to assist the event of an affect evaluation which demonstrated that the Indigenous financial affect in Thunder Bay is $1.55 billion, about 7 per cent of the general financial system.

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