LATEST NEWS

Fort St. John BC – Northern Development Initiative Trust Chair Evan Saugstad and members of the Northeast Regional Advisory Committee met today and are pleased to announce funding for two projects in northeast BC. “The communities of northeast British Columbia continue to diversify and develop their economies,” stated Northern Development Chair Evan Saugstad.  “These projects create employment and enhance the experiences of both residents and visitors to our region.” The Dawson Creek Golf and Country Club has been approved for …

CFTK-TV News featured the Port Edward Historical Society’s major historical renovation project at the North Pacific Cannery that was initiated this past summer with financial support from Northern Development Initiative Trust’s Community Halls and Recreation Facilities funding program.      In 2009, the Port Edward Historical Society initiated upgrades to the North Pacific Cannery for inclusion of a multi-purpose event space that will increase North Pacific Cannery’s roll as a cultural “nexus” in the region and create a new platform …

PRINCE GEORGE, BRITISH COLUMBIA – Recently completed studies led by the Northern Development Initiative Trust and the Ministry of Transportation and Infrastructure highlight the opportunities for economic growth in northern BC if improvements are made to several structures in the Pine Pass. The studies focused on eight low clearance overhead railway crossings and the Salmon River and Parsnip bridges located between Quesnel and Dawson Creek. For years, industry has stated that the existing height and width constraints hamper their ability …

Northern Development Initiative Trust announced today the approval of eighteen community and industry investments totalling over $3.0 million in grant and loan funding toward new projects with a total value exceeding $9.4 million. A significant number of investments have been committed to in communities and rural regions throughout central and northern British Columbia, including job creation incentives approved-in-principle to two companies that are committed to creating 77 new manufacturing positions. Pioneer Biomass located in Williams Lake will use the Capital …

The Chair and Board of Directors of the Northern Development Initiative Trust are pleased to congratulate the Board and staff of the Prince George Airport Authority on the arrival of the first 747 aircraft that landed today for refueling. Prince George residents in cars lined the roads on the airport perimeter and dignitaries were bussed to the refueling pad, all with a front row seat to see the big bird land. The emotion in the crown was loud and proud with …

Northern British Columbia will soon celebrate five years of investments by the Northern Development Initiative Trust to help the regions’ communities reach their economic potential. In five short years, forty communities, nine regional districts and thirty-eight First Nations communities across 70% of BC have collectively seen 451 projects successfully funded by Northern Development. The return on the BC Government’s initial investment of $185 million will soon top 28%. Over $43 million in capital has been invested into communities and businesses …