Canada Pledges $2M for Superior East, Algoma Growth

Federal Economic Development Agency for Northern Ontario - FedNor

Wawa, ON - Federal Economic Development Agency for Northern Ontario - FedNor

Terry Sheehan, Member of Parliament for Sault Ste. Marie, today announced a total FedNor investment of $1,825,250 in two projects in the Superior East and Algoma areas. The announcement was made on behalf of the Honourable Anita Anand, Minister of Innovation, Science and Industry.

Of the total funds, $1,600,000 will go to the Superior East Community Futures Development Corporation (SECFDC) in support of operating costs for the period of 2025 to 2029. The funding will help SECFDC provide business counselling and investment services to small and medium-sized businesses, as well as leadership in community strategic planning, succession planning, and socio-economic development.

The remaining $225,250 of FedNor funds will support R&R Watson Inc. in renovating and expanding their Windy Point Lodge facility, a fly-in fishing and hunting destination resort. FedNor's investment will enable the renovation and expansion of the main lodge, dock, and cabins. This project will allow Windy Point Lodge to accommodate both more guests and staff. As a fly-in fishing and hunting destination, the lodge will help expand regional tourism by drawing visitors from urban centres to nearby rural communities.

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