Provincial finance minister says investments in the North need to be made regardless of markets

THUNDER BAY -- The province is thinking long term when it comes to Northern infrastructure Charles Sousa says.

The provincial finance minister, who held a pre-budget consultation meeting in Thunder Bay Thursday, said infrastructure investments in the North will help economic and social growth and make the region more competitive.

While much of the development in the Ring of Fire is stalled, Sousa said the industry is cyclical and the province's $1 billion commitment is still on the table regardless.

"It's wrong not to for us to be fostering economic prosperity and promotion of growth," he said.

"We've got to think long term."

Sousa heard from more than 30 people and organizations at the Valhalla Inn Thursday. He said it's about finding a balance between financial constraint and investing in the region to promote that growth.

Northern Development and Mines Minister Michael Gravelle said he's glad to hear the finance ministry speak about Northern investment. While the region has its challenges, they can be met through a budget that focuses on investment.

"It really is the economic opportunity that you want to see move forward," he said.