Federal Economic Development Agency

Harper Toeing-The-Line Announces Another Building Block For The Trilateral Commission.

Prime Minister Stephen Harper announced on Thursday August 13, 2009 the launch of a new agency to boost economic development in southern Ontario.
Harper said the Federal Economic Development Agency for southern Ontario, which will be headquartered in the city of Kitchener, will support economic development, innovation and diversification.
"This new agency will help southern Ontario's communities, workers and businesses position themselves to take advantage of exciting new economic opportunities when the recovery eventually and inevitably takes hold," Harper said.
The agency will have a $1-billion budget over five years.
The agency joins other federal economic development programs that help out regions, including the Atlantic Canada Opportunities Agency, the Canada Economic Development Agency for the region of Quebec, Western Economic Diversification Canada and the Federal Economic Development Initiative of Northern Ontario.
Harper said Kitchener was chosen because the government wanted a central Ontario location, but not one in the Greater Toronto Area.