Premier Kathleen Wynne was at Bäckerhaus Veit in Woodbridge, Ontario today, to highlight a project that is helping to create more than 100 new jobs.
Ontario is supporting four family-owned bakeries in the Greater Toronto Area through Project Advantage and Rural Economic Development (RED) program funding.
With this support, Bäckerhaus Veit, Tradition Fine Foods, Sunny Crunch Foods, and Stonemill Bakehouse partnered to:
- Invest in leading-edge bakery equipment and web-based information management systems
- Conduct in-depth market research to identify high-end, niche export markets
- Pool resources to help reduce costs and boost competitiveness
The bakeries have already created 51 new jobs, with 50 more expected as combined production capacity increases.
Helping companies expand and prosper is part of the Ontario government's plan to create jobs, grow the economy, and help people in their everyday lives.
Quick Facts
- Since 2003, Ontario has invested more than $167 million through the RED program, helping create more than 35,000 jobs.
- Ontario is home to Canada’s largest food processing sector. It employs about 100,000 people across the province.
- The province is also supporting regional economic development through programs such as the Eastern Ontario Development Fund, the Southwestern Ontario Development Fund, and the Northern Ontario Heritage Fund Corporation.
Source: Office of Kathleen Wynne, Premier of Ontario