Established by the Province of British Columbia through acts of legislation, and initially infused with two deposits totaling $185 million, Northern Development manages seven trust accounts as follows:
Northern Development’s investments are managed by TD Asset Management Inc. , Mawer Investment Management Ltd., and AGF Investments Inc. The statement of investment policy and procedures for each account has been endorsed by Northern Development’s board of directors.
"Funding from the Northern Development Initiative Trust was the corner stone for our funding. Their support of our project enabled us to also secure funding from the CEDI program of Western Economic Diversification. The Cariboo Ski Touring Club also made a significant contribution."
Brian Black
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