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McGuinty Government Announces New Development Fund for Southewestern Ontairo

Premier Dalton McGuinty was in London today at Digital Extremes -- a video game developer -- to announce that the government will be bringing forward legislation to create a new and permanent Southwestern Ontario Development Fund. The proposed new fund would build on the strengths of southwestern Ontario and help address local economic development challenges in a time of global uncertainty. The fund will attract investment and help businesses move forward with new projects and investments to help them create the jobs of tomorrow.

“The Southwestern Economic Alliance (SWEA) has been advocating for investment like this since our inception,” notes Peter White, President and CEO of the London Economic Development Corporation (LEDC) and SWEA board member.  “Both SWEA and the LEDC are glad to see investment flowing into our region that will strengthen our investment attraction outreach and enhance our economic prosperity.”

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