BANCROFT, ON, March 6, 2009 - On behalf of the Honourable Tony Clement, Minister of Industry and Minister responsible for FedNor, Prince Edward-Hastings M.P., Daryl Kramp today announced Government of Canada funding to the Community Futures Development Corporation of North and Central Hastings and South Algonquin, totaling $900,000 and funded through the Community Futures Program.

Mr Kramp, said “Canada’s government is showing its commitment to the people of Prince Edward-Hastings by investing in projects that will stimulate business development and job creation throughout the area. The government recognizes that small and medium sized businesses are the backbone of our economy.”

With the Government of Canada’s investment through FedNor’s Community Futures Program, the North and Central Hastings and South Algonquin Community Futures Development Corporation will offer business services, access to capital for small and medium-sized business and support community development projects for a three-year period.

“Our government also recognizes and applauds the tremendous work carried out by Community Futures Development Corporations like the one in Bancroft”, said Mr. Kramp.