Manitoba Chambers of Commerce President Chuck Davidson has announced the launch of the Manitoba Mineral Development Fund.  The fund is intended to jump start mineral and economic development in the province with a specific focus on Northern Manitoba.

             

The province provided the Manitoba Chambers with 20 million dollars to establish the fund last October with an additional annual infusion of up to six percent of revenues to be provided under the Mining Tax Act. Under the agreement communities and businesses including Indigenous groups, municipalities and the not for profit sector are eligible for funding.  Financial assistance from the fund could include one-time grants for activities that help advance new mining opportunities and outreach to First Nations for collaborative resource development.

             

Northern reps on the five member board include Richard Trudeau representing Hudbay Minerals and the Mining Association of Manitoba and Colleen Smook representing the City of Thompson and the Association of Manitoba Municipalities.

             

 

              To view the MMDF application process, click here.