LATEST NEWS

December 02

First grants totalling more than $200,000 awarded to Peace Region agricultural projects; 2020 application intake now open

More than $200,000 awarded to agricultural projects in the Peace Region in 2019 through the BC Hydro Peace Agricultural Compensation Fund. Northern Development is now accepting applications for the 2020 intake.

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October 23

BC Hydro Peace Agricultural Compensation Fund – call for member-at-large

October 21 The BC Hydro Peace Agricultural Compensation Fund is a $20 million fund established by BC Hydro to support agricultural production and related economic activity in the Peace Region. This fund is governed by a regional decision-making board, responsible for overseeing the management and disbursement of the fund. They are seeking one member-at-large to serve on the board. To serve as a member-at-large, you must be an agricultural producer who lives in the B.C. Peace Region. Interested applicants are …

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August 12

Northern Development offers rebates to businesses affected by forestry downturn

August 12, 2019 Northern Development announced today that it will now offer a consulting rebate to small and medium sized businesses in its service region that may be affected by permanent mill closures or curtailments. The Forestry Affected Business (FAB) Consulting Rebate will reimburse small and medium sized businesses for contracted consulting services. A rebate of up to 75 per cent, to a maximum of $15,000, can be recovered for the cost of hiring a consultant to assist with business …

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August 08

Northern Development announces more than $500,000 for economic development projects in Northern B.C.

Northern Development Initiative Trust is pleased to announce it has approved over a half a million dollars for economic development projects in its service region. At their July 23 meeting, Northern Development’s board of directors approved the following projects through the Economic Diversification Infrastructure Program: $76,760 was approved for the Williams Lake Indian Band for renovations to the Elizabeth Grouse Gymnasium. This project will include the purchase and installation of new flooring, new air conditioning and heating systems, commercial grade …

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August 06

Northern Development announces initial intake for BC Hydro Peace Agricultural Compensation Fund

August 6, 2019 – On Friday, August 2, Northern Development began accepting applications to the BC Hydro Peace Agricultural Compensation Fund (PACF) – the $20 million fund BC Hydro established to support agricultural production and related economic activity in the Peace Region. The fund reflects BC Hydro’s recognition of the role agriculture plays in the Peace River region and the potential effects of the Site C project on agriculture. The initial intake allocation is $250,000 and is open to: Corporations, …

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May 01

Northern Development Initiative Trust approves nearly $1 million for economic initiatives in Northern B.C.

Northern Development approved four major projects in its service region that will support and strengthen the local economy through its Economic Diversification Infrastructure Program. At their April 24 meeting, Northern Development’s board of directors approved funding for the following projects: $250,000 was approved for Coast Mountain College (CMTN), Terrace Campus, for the construction of a new community recreation centre. This centre will be accessible by the public and will provide cardio machines, free weights, an open workout zone and a …

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MEDIA CONTACT

Holly Plato
Director, Communications and Marketing
Northern Development Initiative Trust
hollyp@northerndevelopment.bc.ca