LATEST NEWS

Trust board of directors backs major investment in Fort St. John airport infrastructure August 15, 2014 Fort St. John – North Peace Regional Airport is expanding its parking facilities again to meet ongoing demand from increased passenger traffic. In July, Northern Development’s board of directors approved a $250,000 grant to support the expansion. Increased economic activity in the region, mostly related to the oil and gas sector, has continued to put pressure on the airport. Passenger traffic through the airport …

Post and beam structure will support local economic diversification August 14, 2014 Tumbler Ridge – The District of Tumbler Ridge has placed economic diversification near the top of its priority list as it moves forward with the development of a new tourist information centre. In July, Northern Development’s board of directors approved a $250,000 grant to support the development of a post and beam information and interpretive centre that will showcase the area’s local history and unique attractions. Tumbler Ridge, …

Port Clements – Northern Development Initiative Trust’s board of directors has approved a $98,623 grant to help the Village of Port Clements build a biomass district heating system. The system, which would be fueled by a 100-kilowatt biomass boiler system, will heat the Port Clements multiplex building, fire department and school gymnasium. The biomass system will reduce demand for diesel and propane fuels, as well as help the community become more environmentally sustainable. The Village, which is home to approximately 400 …

Funding will support enhanced façade improvements, branded signage and public art July 23, 2014 Prince George – Downtown Prince George will receive a significant development boost beginning this fall thanks in part to $250,000 in grant funding from Northern Development Initiative Trust. The funding was approved at the Trust’s July board of directors meeting, and will be used to fund the Downtown Prince George 2014 Placemaking Enhancement Initiative. Downtown Prince George (the Prince George the Downtown Business Improvement Association) will …

Northern Development Initiative Trust’s board of directors has approved $500,000 in funding through its Economic Diversification Infrastructure program to support the development of two economic development projects in the region.

Northern Development has already approved nearly $2.5 million in new funding in 2014, and has increased its annual grant allocation limit and updated several funding programs