LATEST NEWS

PRINCE GEORGE, BRITISH COLUMBIA, CANADA — June 24, 2008 — Northern Development announced today $300,000 in grant funding through its Pine Beetle Recovery Program provided to the Village of Valemount for a downtown revitalization project that will restructure and revive its main commercial street in order to attract new investment and property development.  Mayor Jeanette Townsend stated, “This project is a cornerstone in Valemount’s efforts to further diversify its economy by investing in tourism related initiatives. We are appreciative of …

Burns Lake – June 19, 2008 – Geoscience BC is pleased to announce the launch of the QUEST West Mountain Pine Beetle Geoscience Project, in partnership with the Regional District of Bulkley-Nechako, the Northern Development Initiative Trust (Northern Trust) and the BC Geological Survey of the Ministry of Energy Mines and Petroleum Resources. Geoscience BC’s Board has approved $4.5 Million worth of new airborne geophysical surveys, ground geochemical surveys and geoscience data compilation, analysis and distribution for the QUEST West …

PRINCE GEORGE, BRITISH COLUMBIA, CANADA — June 10, 2008 — Northern Development Initiative Trust announced today new economic development funding for central and northern British Columbia in excess of $3.7 million. “The communities of central and northern British Columbia are facing challenges, but also see a number of opportunities to diversify or develop their economies,” stated Trust Chair, Bruce Sutherland.  “The Trust is very pleased to be announcing a new round of funding that will support the economic development work …

PRINCE GEORGE, BRITISH COLUMBIA, CANADA — May 27, 2008 — Chair Bruce Sutherland announced today the appointment of two new members, and the re-appointment of two current members, to the Board of Directors of the Northern Development Initiative Trust. Northern Development is managed by a board of thirteen directors of which eight are elected officials and five are business leaders appointed by the Government of British Columbia.  The new Provincial board member appointees include Michael John Tarr of Prince Rupert …

The Mining Association together with the Northern Development Initiative Trust today confirmed that a study has been commissioned looking into the economic viability of the Northwest Power Line along Highway 37 in north western British Columbia. “There is a strong and growing consensus among community leaders in the Northwest about the long term need and benefit of a power line along highway 37,” said Mining Association of British Columbia Chairman Pierre Lebel.  “Documenting the presence of existing and potential development …