September 26, 2008
Northern Development CEO, Janine North, was interviewed by CBC Radio 1 regarding the release of the Mining Association of British Columbia’s Report on the Electrification of the Highway 37 Corridor.
Janine discusses the report that projects electrifying Highway 37 could directly trigger up to 10 mines, 10,700 jobs, $15 billion in investment and potentially up to $300 million in annual tax revenues in the region.
Concurrent with the release of the Report, Premier Gordon Campbell announced, “The Province of British Columbia will pursue the environmental assessment certificate and First Nations consultations necessary for the vital first steps of the northwest transmission line along Highway 37 to be put in place”.
The study points out that development of new mines in the region would be dependent on a number of factors, including the completion of feasibility studies, the continued strength of commodity prices and the availability of affordable electric power. Such development would also need to address the concerns of First Nations.
This 10mb PDF report is now available from the Northwest Powerline Coalition website: http://www.highway37.com/i/pdf/MABCReport_Electrification_of_Highway_37.pdf
The Mining Association of British Columbia is part of the Northwest Power Line Coalition. The Coalition includes the Northern Development Initiative Trust with its forty member communities, the Association of Mineral Exploration of British Columbia, and a number of First Nations, mining companies, independent power producers and local businesses — including engineering firms and equipment suppliers — and concerned citizens.