SUDBURY - The Indigenous economy in Canada is estimated at more than $30 billion, with growth projections outpacing the overall national economy. The federal government remains strongly committed to supporting its continued growth by investing in Indigenous-led initiatives that help communities, businesses and organizations innovate, scale up and build for the future. This is especially true in Northern Ontario, which is home to a large proportion of Indigenous-owned small and medium-sized businesses.

Today, Viviane Lapointe, Member of Parliament for Sudbury, announced a Government of Canada investment of $1 million to help Z’gamok Construction LP (Z’gamok) scale up by purchasing up to 10 large tri-axle dump trucks. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor, and is expected to create 10 or more full-time jobs.

Specifically, the FedNor funding will allow this Indigenous-owned business to capitalize on immediate and potential future opportunities through Impact and Benefits Agreements with Vale Canada, and KGHM International Ltd. for its Victoria Mine project. Located just west of Sudbury, Victoria Mine is under construction and the new hauling trucks will provide Z’gamok with the capacity to qualify for major haulage contracts. The new trucks will also help position Z’gamok to provide addition services during all phases of Victoria Mine project, while supporting its expanding role at Vale’s Totten mine.

Quotes

“This investment of $1 million will help Z’gamok Construction LP to scale up, create jobs, and pave the way for the long-term prosperity of both the company and the Sagamok Anishnawbek First Nation. Businesses are creating the jobs that ensure communities thrive. That’s how we will ensure a Northern Ontario economy that works for everyone.”- The Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor

“Empowering Indigenous communities and businesses is not just the right thing to do, it makes us stronger as a nation. This $1 million investment means Z’gamok Construction LP can capitalize on strategic alliances within Sudbury’s mining industry to expand and create high-quality jobs. The new Victoria Mine project has enormous economic potential for our region and I’m pleased FedNor is investing in Z’gamok Construction LP to support its development.”- Viviane Lapointe, Member of Parliament for Sudbury

 “This FedNor investment will allow us to purchase the new hauling trucks we need to expand Z’gamok Construction LP to meet the growing demand for its products and services. I am pleased that the Government of Canada is supporting our efforts to create local jobs, become more competitive and position Z’gamok Construction LP and the Sagamok Anishnawbek First Nation for long-term success.”- Chief Angus Toulouse, Sagamok Anishnawbek First Nation