Ontario Supporting Business and Economic Development in Sudbury

Posted on October 10, 2024

SUDBURY – The Ontario government is providing more than $2 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to seven economic development projects in the City of Greater Sudbury. This investment will improve municipal infrastructure, expand company operations, support innovation and create good jobs in Northeastern Ontario.

“The seven investments we are recognizing today demonstrate the opportunities we are creating for local businesses through our modernized and tailored NOHFC programming,” said Greg Rickford, Minister of Northern Development. “Whether it’s supporting transformative technologies in the skilled trades or providing businesses the certainty they need to expand offerings in the North, our government is proud to be a trusted partner.”

The NOHFC is funding the following projects:

  • $500,000 for CircuitIQ Inc. to develop its automated electrical panel power mapping and inspection tool that will help property owners ensure compliance with electrical safety regulations and reduce the risk of electrical accidents
  • $400,000 for Beamish Construction Inc. to purchase new equipment and market its new microsurfacing division
  • $400,000 for Bross Mobile Mechanic Service to renovate its facility and purchase equipment to expand its product and service offerings
  • $353,659 for B.S.K. Machine Shop to purchase equipment to increase production capacity
  • $201,700 for YES Theatre to replace outdated equipment, install a digital marquee and renovate the lounge and concession area
  • $97,720 for Lauren Perry Interior Design Corp. to establish an interior design firm
  • $72,000 for Orix Geoscience Inc. to purchase equipment to expand its service offerings.

The NOHFC fosters economic growth, job creation and workforce development throughout the North, benefiting communities of all sizes, both rural and urban, including Indigenous communities. Since June 2018, the NOHFC has invested more than $841 million in 6,894 projects in Northern Ontario, leveraging more than $2.5 billion in investment and creating or sustaining over 10,560 jobs.

Quick Fact

  • The Ontario government’s improved NOHFC programming supports more projects in rural northern communities and makes it easier for more people and businesses to apply. The programming targets existing and emerging markets, provides more work opportunities for Indigenous people and addresses the skilled labour shortage in the North.

Additional Resources

  • The NOHFC’s Community Enhancement Program builds strong and resilient northern communities through targeted investments in critical infrastructure.
  • The NOHFC’s Invest North Program boosts economic growth and attracts more investment by supporting business development, expansion and innovation.

Quotes

“As any innovator knows, bringing new technology to life is a challenging journey. At CircuitIQ, we're developing advanced power mapping tools for electricians, and NOHFC's support has been essential in overcoming development hurdles. Their funding has enabled us to expand our development team with talented graduates from Northern Ontario, ensuring we meet our deadlines and bring our groundbreaking solutions to market. Thank you, NOHFC, for helping us share Canadian innovation with the world!”

– Luke Begley, Chief Executive Officer, CircuitIQ Inc.

“Beamish Construction Inc. is a forward-thinking Northern Ontario general and road construction operation. This contribution from the NOHFC allows our business to expand service offerings to include microsurfacing, which has several benefits and is bringing jobs to the North. Microsurfacing is a cost-effective preventive maintenance technique that extends pavement lifespan, improves safety and provides a smoother driving surface, minimizing the need for expensive repairs.” – Michael Andrighetti, Vice-President, Beamish Construction Inc.

“Bross Mobile Mechanic Service is incredibly grateful for the funding we received from the NOHFC. This support makes it possible for us to relocate, expand our business services and offer additional job opportunities. It has enabled us to invest in newer technology, advanced tooling and operate more efficiently. Because of NOHFC support, we remain competitive and current, all while creating economic growth within our community.” – Luc and Penny Brosseau, Owners, Bross Mobile Mechanic Service

“B.S.K. Machine Shop will be better positioned to grow in the North with our new equipment. The funding from the NOHFC has been the key driver to make this project happen. With this funding, we will be able to increase our capacity, which will assist in maintaining and creating jobs within our community.” – Kevin McGarry, Co-Owner, B.S.K. Machine Shop

“Thanks to NOHFC funding, the Sudbury Theatre Centre has been able to complete some essential repairs and improvements to our facility to continue offering world class theatrical performances for our northern community. The replacement of our theatre rigging system will mean safer operation of the theatre space and a greatly improved production quality. Funding has also helped us secure other important lighting equipment and introduce new revenue streams to ensure our theatre is financially sustainable.” – Scott Dennison, General Manager, YES Theatre

“Lauren Perry Interior Design is serving a niche market offering professional interior design services in Northern Ontario. The NOHFC has helped mitigate the financial load of business infancy and allowed the company to renovate office space, purchase equipment and hire staff within two years of operation. The funds were an integral part of launching a professional and profitable business, creating a stable foundation for Lauren Perry Interior Design not only to start but to scale.” – Lauren Perry, Interior Designer, Lauren Perry Interior Design Corp.

Media Contacts

Curtis Lindsay, Minister’s Office -- 437-240-7317 -- curtis.lindsay@ontario.ca
Media Desk, Communications Branch -- mediadesk.ndm@ontario.ca