Archived — 2010–2011 Report on Plans and Priorities
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The Federal Economic Development Agency for Southern Ontario, or FedDev Ontario, is entering its first full year of operation with momentum. I am honoured to be the President of this organization as it begins to fully implement its programs aimed at renewing the Southern Ontario economy.
FedDev Ontario was announced in Budget 2009 in response to the effects of the global economic recession on Southern Ontario, with a budget of $1 billion over five years. Already the agency's programs are having an immediate impact on communities and businesses. Through initiatives like the Southern Ontario Development Program (SODP), which will deliver close to $176 million in funding in 2010–2011, as well as the Community Adjustment Fund (CAF) and the Recreational Infrastructure Canada (RInC) Program in Ontario, the Agency is addressing critical short-term infrastructure requirements while laying the groundwork for future economic prosperity.
FedDev Ontario fulfills the Government's mandate to build a regional economy that is more diverse and robust. Our programs help innovators take their products to market and encourage the knowledge-based jobs of tomorrow. In particular, the agency is preparing Southern Ontario's manufacturing sector for new economic realities. FedDev Ontario's targeted investments will help manufacturers compete in the global marketplace by increasing productivity levels and encouraging innovation.
Our organization is also engaged in outreach and consultations with stakeholders to seek input on how we can work together to chart a new path — one that is focused on stable, long-term economic growth.
I respectfully submit, for tabling in Parliament, FedDev Ontario's 2010–2011 Report on Plans and Priorities (RPP). The document outlines our immediate goals and initiatives, as well as our long-term priorities.
B.A. (Bruce) Archibald, Ph.D.
Federal Economic Development Agency for Southern Ontario
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