Mr. Speaker, last week the Minister of State for the Federal Economic Development Agency of Ontario announced an $8 million non-repayable contribution to the Western Ontario Community Futures Development Corporation Association. This will allow it to continue to deliver the Southern Ontario Fund for Investment in Innovation in southwestern Ontario.
The minister also announced a $12 million non-repayable contribution to the Eastern Ontario Community Futures Development Corporations, to allow it to continue to deliver the Southern Ontario Fund for Investment in Innovation in southeastern Ontario.
The top-ups to each of these funds will help address the high demand for loans in both regions, with a focus on the information, communications, technology, and food processing sectors.
Unlike the opposition, our government is focused on jobs, growth, and economic prosperity. We will continue to set the right macroeconomic conditions for businesses to succeed and will continue to strategically invest in all parts of Ontario.