Financial Structure

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:

Investment overview

Northern Development’s investments are managed by the British Columbia Investment Management Corporation (BCI). The Statement of Investment Policies and Procedures for each account has been endorsed by Northern Development’s board of directors.

Board of Directors British Columbia Investment Management Corporation Statement of Investment Policies and Procedures