Ontario Driving Economic Growth in Rural Communities

September 10, 2024

Eighty-five projects receiving funding through the Rural Economic Development Program to help boost the local economy

BELLEVILLE – The Ontario government is investing more than $5.7 million in 85 projects that are helping create jobs and boost economic development in rural communities across the province. The funding through the recent intake of the Rural Economic Development (RED) program supports projects that diversify and grow local economies, build community capacity and address barriers to economic development and labour force challenges.

“Our government recognizes the need to prepare rural Ontario for expansion through the Rural Economic Development Program,” said Steve Pinsonneault, Parliamentary Assistant to the Minister of Rural Affairs. “We are committed to supporting projects that continue to benefit rural communities. The projects we are investing in will incorporate the right tools necessary to help build the best possible future for the entire province.”

The RED program provides cost-share funding support towards activities that create strong rural communities. This includes funding assistance to build local capacity and improve job prospects. The program aligns with the government’s priorities of removing barriers to investment, opening doors to rural economic development, and creating good jobs across the province.

Learn more: Ontario Driving Economic Growth in Rural Communities | Ontario Newsroom