A $320,000 investment from the federal government will help spawn jobs and support business development in the Killarney region, according to a news release.

The money will be used by the Municipality of Killarney to build a new 2,244-square-foot commercial fish-processing facility at the local waterfront, allowing the community to replace and expand its existing processing plan, which was built prior to 1905, according to Parry Sound-Muskoka and Minister for FedNor Tony Clement.

“Our government is committed to investing in community priorities that maximize economic development opportunities and growth,” Clement said. “The construction of a modern fish-processing facility at the local wharf will enable the Municipality of Killarney to take full advantage of one of the area’s top economic drivers.”

Killarney mayor Morgan Pitfield said the funding will help strengthen the economic foundation of the region.

“Creating commercial waterfront opportunities is a proven economic driver for our region and I look forward to the positive results this funding will deliver for the people and businesses throughout the area.”

Funding for this project was provided through FedNor’s Northern Ontario Development Program, which supports initiatives that strengthen community economic development, enhance business growth and facilitate innovation throughout the region.

To find out more about FedNor and its programs, visit fednor.gc.ca.

Posted by Arron Pickard