Fraser Lake Develops Industrial Park To Attract Suppliers Of Canada’s Largest Operating Molybdenum Mine

Village of Fraser Lake

Fraser Lake is a planned community developed in 1967 specifically for the Endako Mine which is Canada’s largest operating molybdenum mine. The Endako Mine is undergoing a major $500 million expansion that will increase employment at the mine to 350 direct employees. In addition to this major investment and industrial activity in the community, Fraser Lake’s forestry sector continues to be strong with West Fraser operating one of the world’s most modern sawmills within the community, producing one million board feet of lumber per day.

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Positive Economic Impacts in Fraser Lake

The Village of Fraser Lake has been seeking ways to increase the community's industrial tax base so that revenue can be generated to support community infrastructure and the great quality of life Fraser Lake offers its residents. The community's long-term plan is for light industry to take advantage of the inexpensive, available, developed, and fully serviced land found within the community's core. New service industry in Fraser Lake will have the major economic benefit of creating many new jobs.

The properties are being marketed on the town website and with a real estate agent with commercial/light industrial properties. There have been many enquiries on the land to date, a sure indication of the future success of the development.

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