News

PRINCE GEORGE, BRITISH COLUMBIA – Recently completed studies led by the Northern Development Initiative Trust and the Ministry of Transportation and Infrastructure highlight the opportunities for economic growth in northern BC if improvements are made to several structures in the Pine Pass. The studies focused on eight low clearance overhead railway crossings and the Salmon River and Parsnip bridges located between Quesnel and Dawson Creek. For years, industry has stated that the existing height and width constraints hamper their ability …

Northern Development Initiative Trust announced today the approval of eighteen community and industry investments totalling over $3.0 million in grant and loan funding toward new projects with a total value exceeding $9.4 million. A significant number of investments have been committed to in communities and rural regions throughout central and northern British Columbia, including job creation incentives approved-in-principle to two companies that are committed to creating 77 new manufacturing positions. Pioneer Biomass located in Williams Lake will use the Capital …

Northern British Columbia will soon celebrate five years of investments by the Northern Development Initiative Trust to help the regions’ communities reach their economic potential. In five short years, forty communities, nine regional districts and thirty-eight First Nations communities across 70% of BC have collectively seen 451 projects successfully funded by Northern Development. The return on the BC Government’s initial investment of $185 million will soon top 28%. Over $43 million in capital has been invested into communities and businesses …