Nov 25, 2020
SPECIAL ANNOUNCEMENT: Northern Ontario Mining Showcase
< 1 Lecture minimum
1. FEDNOR REGIONAL RELIEF AND RECOVERY FUND (RRRF)
The RRRF is a funding program that provides unconditionally repayable and conditionally repayable contributions to eligible small and medium-sized enterprises, up to a maximum of $500,000 for the period of March 15, 2020 to March 15, 2021.
Repayment of funding:
All contributions to SMEs will be repayable or conditionally repayable with no interest or security position taken. Repayments will be made in installments over a maximum term of five years from the date the first payment was issued; a payment moratorium is available up to December 31, 2022, however recipients of contributions up to $40,000 who repay 75-per-cent of their contribution before this date, will be granted a 25-per-cent forgiveness up to a maximum of $10,000. The full balance must be repaid no later than December 31, 2025.
Accessing and Submitting Your Application:
The application for financial assistance package, including required forms, is available at
The application for financial assistance package consists of the following documents:
•FedNor Application for Financial Assistance Form;
•The last two full (2) years of financial statements (if available);
•The most recent interim financial statements;
•A copy of your business continuity or recovery plan, if available; and,
•Letters Patent / Incorporation Documents, if incorporated (please submit only if readily available).
2. PDAC 2021
The City of Temiskaming Shores and FedNor are pleased to announce that a virtual version of the Northern Ontario Mining Showcase will take place as part of the overall PDAC convention scheduled for Monday, March 8 until Thursday, March 11 2021.
We will be sharing further details regarding NOMS 2021 virtual booths on December 3, 2020.
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