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

In 2008, Village of Fraser Lake received a $170,000 grant from Northern Development through the Economic Diversification Infrastructure program towards this $2,104,485 project. This has been a funding partnership of Village of Fraser Lake, Northern Development, Community Economic Diversification Initiative, and Nechako-Kitamaat Development Fund Society

2012- 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.

With this major resource-based economic activity spurring additional development in Fraser Lake and the surrounding region, the municipality has developed a fully serviced Industrial and Commercial Development Park that is ideally situated for mining and forestry suppliers to locate operations within the community.

There are a number of serviced and subdivided commercial and industrial lots available for developers within the Fraser Lake Development Park. The development park is adjacent to Highway 16, providing direct access to local industrial facilities, international shipping via the Port of Prince Rupert, and international air transportation via Prince George International Airport.

Download Fraser Lake’s brochure for the Industrial and Commercial Development Park that has been developed in partnership with Northern Development.

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.

Economic Diversification Infrastructure

The Economic Diversification Infrastructure program is no longer available. However, your project may still be eligible under one of our NEW programs.

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