Farms.com Home   News

Boosting Economic Growth in Rural Ontario

Ontario is supporting local projects that will attract investment, create jobs and boost economic growth in rural communities through the renewed Rural Economic Development (RED) program.

The province is now accepting applications for the renewed RED program, which bolsters economic growth in rural and Indigenous communities across Ontario by providing support for projects that allow rural municipalities and partners to diversify and grow their local economies.

Communities can use this support to remove barriers to local economic growth through initiatives such as developing a downtown revitalization plan or implementing a tourism-related marketing and promotion strategy to attract businesses, investors and visitors to their city.

Supporting economic growth in rural and Indigenous communities is part of our plan to create jobs, grow the economy and help people in their everyday lives.

Source: Ontario.ca


Trending Video

Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.