ON refocuses NOHFC in response to US trade policies, tariffs

The Government of Ontario is refocusing the Northern Ontario Heritage Fund Corporation (NOHFC) in response to US trade policies and tariffs. The changes are intended to protect northern industries and jobs, mitigate the impacts of the trade changes, and secure new opportunities for the northern economy. As a result, funding will focus on economic growth, innovation, and job creation. ON also recently announced an additional $30M investment into NOHFC over the next three years. “The NOHFC’s new focus will help keep workers on the job and create more opportunities for businesses in Northern Ontario to thrive and grow in the face of US tariffs,” said ON Minister of Northern Economic Development and Growth George Pirie.