LATEST NEWS

PENTICTON — The Northwest Power Line Coalition reacted positively to news that the provincial government will proceed with the Environmental Assessment process and First Nations consultation for a northwest power line along the Highway 37 corridor. "We are pleased that the provincial government has taken this important step forward in the potential development of a northwest power line," said Janine North, CEO of the Northern Development Initiative Trust. "The economic activity that could be generated by a power line includes …

Power line along Highway 37 could create 10,700 jobs Potential for $15 billion in capital investment Improves access to clean electricity sources Potential benefits include more than $300 million in annual tax revenues to governments Vancouver – According to a new report by the Mining Association of British Columbia (MABC), building a power line along Highway 37 in northwest B.C. has the potential to create thousands of jobs, generate new sources of clean power and provide additional revenues to government …

PRINCE GEORGE, BRITISH COLUMBIA, CANADA – Sept. 5, 2008 – If you build it, they will come. That’s the strategy behind four Northern Development Initiative Trust (Northern Development) funding announcements aimed at promoting sport and tourism in Vanderhoof. Vanderhoof’s field of dreams is a premier playing field with a six?lane running track and stadium seating. On Sept. 4, Northern Development announced $336,000 toward the first phase of the development at Nechako Valley Secondary School. "It will be able to host …

PRINCE GEORGE, BRITISH COLUMBIA, CANADA — June 27, 2008 — Northern Development Initiative Trust announced today grant funding provided to the Village of Ashcroft for heritage promotion, downtown revitalization, and community marketing. Mayor Andy Anderson stated, “We are very pleased to receive this funding from the Northern Development Initiative Trust to deliver on projects that have been planned through a multi-year community development process that brought together a wide range of our residents to work on shared priority initiatives.” Northern …

Northern Development’s 2007 Annual Report is now available for download in PDF file format. The 2007 Annual Report outlines the funding disbursements, approved projects, measured economic performance indicators, and audited financial statements for Northern Developments for the year 2007. Download the 2007 Annual Report To view previous annual reports, please visit the Annual Report page of our website.

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 …