The Northern Ontario Heritage Fund Corporation (NOHFC) is being expanded to include the District of Muskoka.
It’s thanks to a $30 million dollar investment from the province over the next three years.
According to the province, the NOHFC fosters economic growth, job creation and workforce development throughout the North, benefiting communities of all sizes, both rural and urban, including Indigenous communities. The $30 million funding increase will bring the NOHFC’s annual budget to $110 million beginning in 2025-26, enabling the corporation to support additional projects across Northern Ontario and to address the impacts of inflation.
MPP Graydon Smith says he’s thrilled Muskoka’s joining the NOHFC’s service area saying it’s long been asked for by local businesses, community organizations and local governments. He adds its a huge moment that unifies the region when it comes to economic development funding and opportunities
