Northumberland CFDC Invests in Business Attraction in Rural Eastern Ontario

News Release, August 8, 2017, Cobourg, Ontario

Ontario East Economic Development Commission (OEEDC), will benefit from an investment announced today in Cobourg, Ontario by Northumberland Community Futures Development Corporation (CFDC) and Kim Rudd, Parliamentary Secretary to the Minister of Natural Resources and Member of Parliament for Northumberland−Peterborough South.

The Northumberland CFDC is pleased to support this economic development initiative with an investment of $100,000 under the Eastern Ontario Development Program’s Collaborative Economic Development Projects (CEDP) stream, with a total project cost of up to $209,800 towards the development and population of a 3D digital archive of Eastern Ontario focused on rural community business attraction and retention. The funding investment will result in 25 new partnerships and collaborations formed within rural Eastern Ontario.

OEEDC will work with Carlton University to develop this centralized, interactive and maintenance-friendly platform, allowing business, infrastructure, workforce and market data to come alive in 3D. This will deliver a robust economic planning tool, allowing for the development of strong growth strategies and investments within rural Eastern Ontario communities.

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