More funds for Francophone economic development in Ontario

Ontario is investing more in its Francophone Economic Development Strategy. The Ford government announced Wednesday that it would increase its funding by 60% compared to last year.

Some $800,000 will thus be paid by Ontario, compared to $500,000 in 2022, to “support French-speaking economic development across the province”.

“We are determined to build a strong Francophonie within a prosperous Ontario,” wrote the Minister of Francophone Affairs, Caroline Mulroney.

Established in 2019 to “promote the economic vitality of French-speaking communities”, the Strategy for Francophone Economic Development aims in particular to “improve access to a qualified bilingual workforce” and to “stimulate job creation “.

Of this $800,000, $500,000 will be intended for organizations supporting French-speaking businesses. The Fédération des gens d’affaires francophones de l’Ontario will thus receive $250,000 to “conduct an in-depth study of the needs of French-speaking businesses and entrepreneurs” and support “women, visible minorities and newcomers”.

The NPO Impact ON will obtain $150,000 “to help four cohorts of women entrepreneurs carry out their projects” and support “two cohorts of first-time exporters” in their access to “interprovincial and international markets”.

Some $100,000 will also be paid to the Ontario Economic Corporation to teach Francophones and new farmers to start businesses.

The additional $300,000 compared to last year will be used to “promote the Ontario Francophonie as an economic asset on a national and international scale,” indicates the government.

This report is supported by the Local Journalism Initiative, funded by the Government of Canada.

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