Listen Live
HomeNewsFeds invest nearly $3M in Canadore College, creating more 90+ jobs

Feds invest nearly $3M in Canadore College, creating more 90+ jobs

Nearly $3 million of funding is coming to Canadore College from FedNor.

MP Anthony Rota made the announcement today, on behalf of Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor, and Kamal Khera, Minister of Seniors.

Of the money, just over $1 million will establish a Concept Development Lab (CDL) at the school’s Innovation Centre for Advanced Manufacturing and Prototyping (ICAMP) facility.

Officials say the investment will “enhance the regional innovation ecosystem” by supporting businesses and start-ups throughout the commercialization process including scale-up and product development. Over the next three years, the CDL will complete technology audits and help businesses develop and commercialize new or modified products, processes, services or technologies. This project is expected to create 44 jobs and maintain 60 more.

- Advertisement -

Another $750,000 will establish an Indigenous Clean Water Learning Lodge.

Officials say the investment will be used to create a “comprehensive platform of technologies, services and educational programs tailored to fit First Nations needs and values, while addressing the challenges of delivering reliable and sustainable clean drinking water to remote Indigenous communities.”

Once fully operational, the Lodge will feature a fully operational water treatment facility and demonstration lab to showcase innovative water treatment technologies and services. This project is expected to create 25 jobs.

Another $1,000,920 will go to help ThinkOn establish a Digital Public Safety Centre at Canadore College.

“As Canada’s first and only exclusive provider of storage, computer and networking resources, ThinkOn’s North Bay facility will feature a Secret Cleared Security Operations Centre (SOC) and Digital Evidence Management (DEM) Archive. The SOC will be a highly secure facility that identifies and resolves all security events and incidents. The archive will provide secure hosting of vendor neutral digital evidence content management and archiving evidence for public safety agencies and groups in Ontario and Canada,” reads the release.

Officials say the investment will also allow ThinkOn to host a major cyber-security event to showcase North Bay as a prime location for digital technology, adding this priority project is expected to create 28 full-time jobs over the next two years.

“Today’s announcement will help unleash the economic potential of Northern Ontario’s innovation ecosystem, provide vital support seniors and pave the way to providing a sustainable source of clean drinking water to rural and remote First Nations,
said Anthony Rota, Member of Parliament for Nipissing–Timiskaming. “These projects with Canadore College are great examples of how we are helping to maximize opportunities for social and business growth, while supporting jobs a strong economy.”

“Canadore College has been and will continue to be the catalyst for change in many areas, and we take our responsibility as a social and economic leader very seriously,
said George Burton, President and CEO, Canadore College. “The projects being announced today will ensure the College continues to address critical social issues, while at the same time producing the skilled workers necessary to fill existing shortages and increase productivity. We thank the Government of Canada for its continued support, and the financial commitments towards these endeavours.”

Through its New Horizons for Seniors Program, the feds are also providing $25,000 for a community-based project to help Canadore College host information sessions on financial literacy and promote the awareness of elder abuse among seniors.


- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading