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A Canadian developer wants an Ontario council to reverse its decision to recommend the revocation of a zoning order that would speed up the construction of a medical innovation park, the Toronto Star reports.
"We've been a flagship company for this township for decades and provide high-paying, meaningful jobs to our residents in the surrounding area," David Yeaman, president of Molded Precision Components, told the Oro-Medonte council last week.
"There is only harm that can be done if this is revoked and nothing positive comes from it."
Yeaman's company has been trying to build the park between Barrie and Orillia for three years.
He says current economic conditionsincluding rising interest rates, supply shortages, labor shortages, threats of war in Eurasia, and economic uncertaintyhave slowed down the project.
But the township's planning services manager says no applications have been received for the park, nor have any correspondence from the landowner, leading staff to conclude the project "is not progressing in an expedient manner as intended through the approval of the site-specific [zoning order]."
The council voted last week to send the matter to the Ministry of Municipal Affairs and Housing.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more
Foundation: Lilly Endowment
All In Kosciusko exists to promote and accelerate the economic and community development already happening across the county.Concerns about economic diversification, talent retention and quality of...more
The Bill Gatton Foundation supports K-12 and higher education, health, and community development in Kentucky, Upper East Tennessee, and Southwest Virginia.Large education grants include $13.5 million...more
Local organizations win $9 million for new affordable housing, social services.Connecticut's Community Investment Fund grants come amid a deluge of cuts to federal funding.The fund was established in...more
Foundation: Parasol Tahoe Community Foundation
Parasol Tahoe Community Foundation has proudly supported Bread & Broth for the past 10 years.In 2024, the Community Foundation was able to introduce the mission of Bread and Broth to a donor who is...more
Foundation: Latino Community Foundation
Latino Community Foundation Awards $3.88M in Grants Across California and Nevada.NewsBreak: Latino Community Foundation awards $3,000,000 in grants across California andNevada.Newsbreak: $1.5 million...more
Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more
Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more
Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more
SECU Foundation has been named a recipient of the 2024 Carolinas Credit Union Foundation Hero Award for Partner in Philanthropy.The SECU Foundation promotes local community development in North...more
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Wells Fargo Foundation
New Hampshire Charitable Foundation
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Community Foundation for Greater Atlanta
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Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
