FedNor’s Investment in Smart Modular Canada: Boosting Housing and Local Jobs
The recent $1,380,000 investment by FedNor in Smart Modular Canada, as announced by Patty Hajdu, the Minister responsible for FedNor and MP for Thunder Bay—Superior North, represents a strategic move to enhance housing solutions and economic growth in Northern Ontario. This Thunder Bay-based business specializes in designing, manufacturing, shipping, and installing modular buildings. The investment focuses on expanding Smart Modular’s capacity to meet growing market demands, particularly in addressing housing needs in First Nations communities and supporting infrastructure in natural resource sectors.
Significantly, this initiative is set to create 15 jobs, triple the production of modular homes, and reduce manufacturing waste. Additionally, Smart Modular Canada has established training programs targeting youth in First Nation communities, offering skill development, mentoring, and career opportunities in the construction industry. This FedNor investment not only highlights the government’s commitment to fostering innovative housing construction but also underscores its dedication to creating good-paying jobs and providing concrete support to remote and Indigenous communities.