Business Briefs - May

A FISHING STRATEGY FOR 27
First Nations across northeastern Ontario will be developed by the Waubetek Business Development Corporation on Manitoulin Island. The Whitefish River-based organization received more than $44,000 from FedNor, a regional development organization, and will use it to enhance First Nations involvement in commercial fisheries, aquaculture, fish processing, and related industries. The long-term strategic plan for fisheries will outline steps to enhance business capabilities and identify new business ventures, as well as value-added opportunities. “This comprehensive strategy will help us to lay the groundwork for strategic alliances, opening doors to markets,” said Waubetek chair Martin Bayer. Funding for the project flowed through the Northern Ontario Development Program, which funds projects focused on economic development, business growth, and innovation.