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  • June 29, 2013

Two More Thunder Bay Businesses Expanding

Gravelle announces $864,000 funding will support 16 jobs

Ontario is helping two Thunder Bay businesses to grow their companies and create more jobs.

Through the Northern Ontario Heritage Fund Corporation (NOHFC)Enterprises North Job Creation Program, Thunder Bay Cinevate and Thunder Bay Superior Self Storage are expanding their operations, purchasing new equipment and offering more services.

Thunder Bay Cinevate will renovate and expand facilities and purchase new equipment, supporting 10 jobs, while Thunder Bay Superior Self Storage will support six jobs by expanding to offer more services, including making coolers and freezer storage available to local agricultural produce growers.

Supporting entrepreneurship in Northern Ontario is an important element of the McGuinty government’s Growth Plan for Northern Ontario. A strong Northern economy creates local jobs and protects the services that mean the most to families – health care and education.

QUOTES

“I’m very pleased to see this NOHFC support for Thunder Bay businesses as they grow and reach out to larger markets. Supporting entrepreneurs as they expand their businesseses helps ensure future prosperity for Northwestern Ontario.” - Michael Gravelle, MPP Thunder Bay-Superior North

“In 2005, we refocused the NOHFC to support job creation in Northern Ontario. Today’s investments are creating employment opportunities, growing businesses and further diversifying the Northern economy.” - Rick Bartolucci, Minister of Northern Development and Mines

“The global economy is increasingly competitive and Ontario businesses need to be innovative. I am very pleased that the NOHFC is helping Northern enterprises grow to compete in today’s marketplace. Let me assure you that we are continuing to work to reduce red tape for our businesses.” - Brad Duguid, Minister of Economic Development and Innovation

QUICK FACTS

Since its introduction, the Enterprises North Job Creation Programhas invested a total of more than $151 million in approximately 310 business expansions in the North.

LEARN MORE

Read about the NOHFC’s programs

Look at what else Ontario is doing to help small business growth

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