Federal Government invests in FedNor

Businesses will have more access to capital investment courtesy the Federal Government. Industry Minister Tony Clement announced today the Harper Government will be giving 1.1 million dollars to FedNor. Clement says the money will flow to businesses through Community Futures Programs like Thunder Bay Ventures. He says the funds will help grow business in Thunder Bay and across the northwest by providing easier access to loans. The announcement was made at Thunder Bay Hydraulics because the business has benefited from support from Thunder Bay Ventures.