Have you identified any plans for projects that create jobs and boost economic growth?

Ontario’s Rural Economic Development (RED) program provides cost-share funding to support activities that create strong rural communities in Ontario. The program opens doors to rural economic development through:

• Funding assistance that addresses barriers to economic development, better position rural communities to create and retain jobs, attract investment, and enhance economic growth
  
• Funding to build community capacity and support for economic development in Ontario’s rural communities
  
• Investments in rural communities to help diversify and grow local economies – making economic growth more inclusive and relevant so rural Ontario can continue to share in the province’s economic prosperity

Program Streams

Economic Diversification and Competitiveness Stream

Up to 50% of eligible project costs to a maximum of $150,000. Eligible projects should:

• Remove barriers to business and job growth
• Attract investment Attract and/or retain a skilled workforce
• Strengthen sector and regional partnerships
• Diversify regional economies in rural Ontario

Strategic Economic Infrastructure Stream

Up to 30% of eligible project costs to a maximum of $250,000. Examples of eligible projects include but are not limited to:

• Rehabilitation of cultural, heritage, or tourism attractions
• Redevelopment of vacant or under-used properties
• Main street minor capital improvements