In response to community feedback, the federal government has established FedNor as a standalone agency in an effort to better serve Northern Ontario.
In a statement released on August 10, 2021, the Government of Canada has decided to establish FedNor, an initiative of Innovation, Science and Economic Development Canada, as a standalone agency, giving it more independence to enable it to better respond to the region’s economic development needs.
Canada’s Regional Development Agencies (RDAs) are critical to accelerating recovery efforts, fueling the economy, creating jobs, and maximizing growth opportunities in municipalities and Indigenous communities across the country.
“The people of Northern Ontario clearly expressed their desire to have a strong voice at the table and for the region to have its own independent agency. We heard you. By making FedNor a standalone agency, we are giving it more autonomy over its administration, and more independence, ensuring it is well-positioned to respond directly to the unique needs of businesses, organizations, and communities across Northern Ontario.” said the Honorable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedNor.
Since 1987, FedNor has served as the federal economic development organization for Northern Ontario, helping entrepreneurs start and grow businesses and create the conditions for the development of strong, dynamic, and inclusive regional innovation ecosystems.