Searchmont Ski Resorts gets a big chunk of tourism funding

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The Ontario government is contributing more than $5.5 million through the Northern Ontario Heritage Fund Corporation (NOHFC) to 23 projects across Northern Ontario. The funding will help expand and improve tourist attractions in the area by improving facilities, purchasing new equipment and creating more recreational and scenic spaces for locals and tourists to enjoy. This investment will help build a stronger Ontario by helping to create jobs, expand business, improve quality of life and grow the tourism industry in this important region.

“Northern Ontario is an incredibly scenic region with unlimited tourism potential,” said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. “These investments will help northern tourism businesses expand their offerings, create jobs and promote regional prosperity, while showcasing this beautiful part of Ontario to visitors from across the province and around the world.”

Examples of projects receiving NOHFC funding include:

$1,730,329 to Searchmont Ski Resort Inc. and Searchmont Holdings for the purchase and installation of equipment, such as a triple chairlift, and for the construction of a pond, pumphouse and building ski patrol
$450,000 to the Town of Marathon for the development of the Pebble Beach tourist area
$94,000 to Glassy Bay Outfitters to build an aircraft hangar, purchase new equipment and make upgrades to existing facilities

“Today’s announcement is another example of our government’s commitment to investing in Ontario’s tourism industry. These important projects help create a sense of place, attract visitors and boost regional employment,” said Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries. “This investment contributes to the economic and social well-being of the province, helping Ontario emerge from the pandemic as a premier global destination for tourists from Canada and around the world.

The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects large and small, rural and urban, that stimulate growth, job creation and skills development. Since June 2018, the NOHFC has invested over $473 million in 4,244 projects across Northern Ontario, leveraging over $1.5 billion in investments and creating or maintaining over 6,600 jobs.

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