For immediate release
June 17, 2010
Toronto, Ontario — The Honourable Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), today unveiled a new strategic direction for economic development and growth in southern Ontario, during a keynote speech to the Economic Club of Canada. The Minister emphasized to local business and community leaders the important role that innovation has in promoting productivity and creating new jobs.
"As we emerge from a year marked with economic challenges and adversity for many around the world, our government is supporting southern Ontario businesses and communities by helping them return to a cycle of prosperity and growth," said Minister Goodyear. "By providing the necessary tools, we will further unleash the potential that exists in southern Ontario, create jobs and provide new opportunities for businesses to expand and reach new markets."
Over the coming months, FedDev Ontario will launch a number of initiatives under the Southern Ontario Advantage, designed to support businesses and other organizations through partnerships and investments in skills and training; innovation; research and development and increased productivity. A copy of the Minister's speech is available online.
FedDev Ontario was created as part of Canada's Economic Action Plan to support economic and community development, innovation, and economic diversification, with contributions to communities, businesses and non-profit organizations in southern Ontario. To learn more about FedDev Ontario, please visit the website at www.feddevontario.gc.ca, or call 1-866-593-5505. For additional information on Canada's Economic Action Plan, visit www.actionplan.gc.ca.
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For more information, contact:
Director of Communications
Office of the Honourable Gary Goodyear