Northern resources, the highlight of Ontario’s budget
CTV
Continuing to put the region's critical mineral supply in the spotlight, northern Ontario and its critical mineral deposits are front and centre in the provincial government's 2023 budget.
Continuing to put the region's critical mineral supply in the spotlight, northern Ontario and its critical mineral deposits are front and centre in the provincial government's 2023 budget.
Promising “multigenerational opportunities” for northern and First Nations communities, economic development minister and Nipissing MPP Vic Fedeli said growth is the goal.
"It’s everything we said would happen,” Fedeli said in an interview.
“There’s money for critical minerals, there's money for skills development – which we're going to need the training, to be able to link the mines of the north with the production in the south."
Heavy focus on major infrastructure projects like highways, schools and hospitals – with around $184 billion making up a large majority of the $204.7 billion budget – and business supports to help get the province into the electric vehicle market more quickly.
It has Timmins’ business community excited, as exploration companies work to tap into large nickel deposits in the area.
The Timmins Chamber of Commerce told CTV News that the budget’s extra money for social issues will only help that along even more.
