The Ontario government is providing the Canadian Council for Aboriginal Business (CCAB) with $110,000 from the Ontario Together Fund to deliver online tools and resources that will support Indigenous businesses as the province implements its made-in-Ontario plan for renewal, growth, and economic recovery.
CCAB is a not-for-profit organization that works to strengthen and enhance a prosperous Indigenous economy across Ontario and supports almost 500 Indigenous and non-Indigenous business members province-wide. The funding provided through the Ontario Together Fund will help the CCAB:
- Produce a data-driven report to assess the effects of COVID-19 within the Indigenous business community.
- Assist Indigenous businesses navigate various COVID-19 programs, services and procurement opportunities available through webinars and web-based assistance.
- Enhance CCAB’s online resource platform, Tools and Financing for Aboriginal Businesses, that provides practical guides, training, networks, and a forum to connect and share best practices.
The impact of COVID-19 on businesses varies in sectors and communities across the province. Through gathering accurate information to assess the effects of COVID-19 within the Indigenous business community, tailored online tools will help these businesses adapt during the safe and gradual reopening of the province.
The Ontario government is committing $3.3 million in cost-share funding to 58 projects through the updated Rural Economic Development Program (RED) to help rural and Indigenous communities diversify their economies, retain skilled workers, invest in local infrastructure and create jobs.
Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs joined Caroline Mulroney, Minister of Transortation and Francophone Affairs and MPP for York-Simcoe in Willow Beach to announce the first recipient from the program.
One local project that will receive funding through the RED program is the Ontario Water Centre. An investment of $150,000 will help support their Young Agripreneurs Program (YAP) that provides hands-on experience to young people interested in pursuing careers in regenerative agriculture.
This initiative is one of 58 successful projects receiving funding from the first intake of the updated RED program. Project applications to the RED program were subjected to a streamlined process starting last year to reduce the burden for applicants.
Supporting renewal, growth and economic recovery in rural and Indigenous communities is part of the government’s plan to get every region of Ontario back on track so they can create jobs, opportunity and prosperity for everyone.