With the help of provincial and federal governments, Atikokan has been investing in the diversification of its local economy and its workforce.
The Atikokan Mineral Development Initiative has increased the knowledge of the area’s geology and as a result, prospectors and junior mining companies have started doing exploratory work in our area. These companies hire local people and continue to shop and do business in the community. When it comes to the future of mineral development, pig iron and gold present the most potential opportunities for future employment.
The Ontario Power Generation (OPG) plant has hosted a number of successful research projects during recent years. Atikokan is optimistic that construction will begin soon to convert the existing coal plant into a biomass plant, employing a significant workforce from Atikokan and the region.
Another new industry in its beginning stages is Atikokan Renewable Fuels. The company is currently converting the town’s former particleboard plant into a wood pellet manufacturing facility. Production is expected to commence in early 2010.
A regional tourism project currently named Path of the Voyageur is taking shape. The Minister of Natural Resources has also given approval to reactivate the Atikokan – Quetico Park renewal team. The group will be looking at ways to enhance Atikokan’s economy through its connections with the renowned wilderness park.