Regional Development
Iroquois Falls has had little growth to its economy for many years. However the future prospects for employment in the area are good. Fears that Abitibi-Bowater's pulp and paper mill, the town's main industry, would close have passed. Moving to stay open, they will need to begin replacing an ageing workforce, thereby stimulating local economies. The Mining industry in the area has also been providing gainful employment for those willing a short commute. Mines near Matheson beginning to employ a significant amount of the youth looking for a career in the area. Another boost to the local economy is expected as new mining projects begin development in the north.
The politicians of the town and area have created a plan that invites companies to bring business to Iroquois Falls. Some businesses have opened, mostly small family oriented businesses. The community infrastructure of Iroquois Falls includes parks, community recreation centers, the Jus Jordan arena and curling club, and a golf course. However they are still looking for large employment opportunities to stabilize growth and diversify the local economy.
Read more about this topic: Iroquois Falls
Famous quotes containing the word development:
“The highest form of development is to govern one’s self.”
—Zerelda G. Wallace (1817–1901)