$2M for Elliot Lake businesses suffering after mall collapse 0
The Ontario government has pledged to create a two-year, $2-million fund for businesses of Elliot Lake, still reeling after a mall roof collapse killed two women.
As well as a personal tragedy for the town, the Algo Centre mall was also the main retail hub for the region.
In an announcement Wednesday morning, Northern Development and Mines Minister Rick Bartolucci announced the money to assist the business community.
"While much remains to be resolved, I am pleased that through the Northern Ontario Heritage Fund corporation and the ministry of northern development and mines and provincial partners, we are able to act quickly," Bartolucci said.
He said the city will oversee the funding, which will be used to help businesses find temporary spaces and assist with costs.
He said the province is also giving the city $50,000 to develop an economic development and diversification strategy.
"I want you to know, as the premier stated in his visit, that we are partners in recovery," Bartolucci said. Elliot Lake Mayor Rick Hamilton called the funding announcement "a fabulous first step."
"We have a community that's hurting and needs to move on and this announcement goes a long way in helping us," he said.
"We have a big job ahead of us."