LOWBIC AGM

The Lake of the Woods Business Incentive Corporation says its seeingsome positive signs in the local economy.

In the past year, LOWBIC lent out 1.7 million dollars to small businessesin the Kenora area.

Executive Director of LOWBIC, Ryan Reynard says that's significant increase from the year before.

LOWBIC held its annual general meeting yesterday.

Reynard says they handed out grants to 16 new and existingbusinesses last year.