Farms.com Home   News

FedNor Investments to Accelerate Growth and Enhance the Social and Economic Outlook of the Town of Kapuskasing

Paul Lefebvre, Member of Parliament for Sudbury, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor, today announced a FedNor investment of $396,585 to help create jobs and a strong economy by supporting key agriculture and infrastructure development initiatives in the Town of Kapuskasing.

FedNor funding of $296,585 will enable the Kapuskasing Economic Development Corporation to complete upgrades and improvements to the community's Agricultural Business Development Park.

Specifically, the funding will be used to install an elevator, grain bins, barn curtains and a ventilation system, as well as fencing to protect research areas. This investment will also help improve information and communications technology at the Park. Once complete, this initiative will allow the facility to achieve operational efficiencies, attract new research and development opportunities, and support the long-term sustainability of this local asset.

The Town of Kapuskasing will also receive $100,000 to support vital infrastructure upgrades to the Kapuskasing Sports Palace. The funding will help modernize this important community facility by adding a pool and ensuring it's fully accessible, as well as energy and operationally efficient. Once the upgrades are complete, the Sports Palace will be capable of hosting regional and provincial competitions.

The funding announced today is provided through FedNor's Northern Ontario Development Program, as well as the Canada 150 Community Infrastructure Program.


Source: AAFC


Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.