Marten Falls First Nation preparing for economic opportunities from Ring of Fire mining
December 1, 2010 - 11:57am | by brianbeaton
With support from the Northern Communities Investment Readiness (NCIR) program, the First Nation will determine what kind of skills training will be required to develop the Ring of Fire. In addition, to help attract investors, they will also develop a comprehensive community profile, including:
Ontario Press Release
Building Investment Opportunities In Marten Falls - McGuinty Government Helping Community Prepare Ring of Fire Investment Opportunities
Marten Falls First Nation is preparing for what would result from developing the Ring of Fire.
With support from the Northern Communities Investment Readiness (NCIR) program, the First Nation will determine what kind of skills training will be required to develop the Ring of Fire. In addition, to help attract investors, they will also develop a comprehensive community profile, including:
- A community asset inventory indicating how potential contractor needs can be met;
- A land inventory to promote opportunities for business development; and
- A labour force inventory describing the community's available human resources and skills.
Developing the Ring of Fire and helping communities market their assets to investors is an important part of the province's Open Ontario plan. This will help create significant economic development opportunities for a number of First Nation communities in the region and help create jobs in the area.
"The Northern Communities Investment Readiness program helps communities prepare to effectively market their assets and strengths to potential investors, and the Marten Falls First Nation community profile will undoubtedly be of great value to mining companies developing the Ring of Fire."
– Michael Gravelle, Minister of Northern Development, Mines and Forestry
QUICK FACTS
- To date, well over $2 million in NCIR funding has been approved for 233 projects across Northern Ontario.
- The province is supporting this initiative with $10,000 from the NCIR program.
- Marten Falls First Nation is one of several communities that could benefit directly from extensive exploration and development in the Ring of Fire.
LEARN MORE
CONTACTS
- Joanne Ghiz
Minister's Office
416-327-0655
joanne.ghiz@ontario.ca - Mike Dunlop
NCIR Initiative
807-475-1773
mike.dunlop@ontario.ca