LATEST NEWS

Dawson Creek, BC – The Dawson Creek Exhibition Association plans to rebuild the Northeast Regional Auction Mart with funding support from the Northern Development Initiative Trust and the Government of Canada’s Community Adjustment Fund.   The auction facility, which started operation in 1957 and services the whole northeast region of British Columbia, was destroyed by fire in 2004.  The rebuilding project will provide a key agricultural service to ranchers in northeast BC. The Government of Canada, through the Community Adjustment Fund, …

Fort St. John, BC – A loan of nearly $1 million from the Northern Development Initiative Trust will help the North Pines Farmer’s Institute purchase and operate a grain elevator and rail head, creating jobs and supporting agriculture producers in the North Peace Region. “Agriculture is the essence and the foundation of the community,” stated Larry Houley, President, North Pines Farmer’s Institute. “The ability to load out bulk commodities like grains, oilseeds, peas, and unload bulk fertilizer eliminates trucking costs …

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 …