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$150K loan initiative aims to attract new doctors to Timmins

More than 40 primary care and specialist doctors are needed in the city
2024-06-06-docrecruitment
Katherine Harvey, left, Rock Whissel, Roxanne Daoust, Michelle Stevens, David Vallier, Kraymr Grenke, Kate Fyfe, Melanie Ciccone, Corey Krupa, and Madison Mizzau.

Calling all doctors! 

With 40-45 primary care and specialist physicians needed in the city, a new initiative is offering up a $150,000 interest-free loan for new physicians to start a practice in Timmins.

Timmins and District Hospital and The Venture Centre have teamed up to for the Timmins Physician Loan Incentive program that is offering up to 10 repayable loans per year to doctors relocating to the city.

“We continue to hear that physicians are challenged with the overhead costs of establishing a new practice. This important partnership lets us better support new physician needs and remain competitive in our collective recruitment efforts. We’re grateful for the partnership with the Venture Centre as our community continues to work together to recruit new physicians to Timmins," said Kate Fyfe, TADH president and CAO, in a news release.

By supporting physician recruitment, The Venture Centre board chair David Vallier said it's addressing a critical need and ensuring Timmins stays vibrant and thriving.

"The partnership with Timmins and District Hospital is a perfect fit for our goals as a community development corporation and received strong encouragement and support from our funder, FedNor. This project underscores our dedication to working with community stakeholders in creating a healthier, more prosperous future for all residents," he said.

The initiative is a result of the Timmins Physician Recruitment and Retention Committee.

To get involved in the committee's recruitment and retention efforts, contact Madison Mizzau at [email protected]. Doctors looking for more information on the loan initiative should contact physician recruiter Corey Krupa at [email protected].