Progress P.G. Offers Silver Lining to Economic Clouds
By 250 News
Monday, March 23, 2009 03:06 PM
Prince George, B.C. – Progress Prince George has released what it calls “an advisory memo” to provide its collective opinion regarding opportunities presented by current economic conditions and the actions that should be taken in Prince George during these times of economic upheaval.
In short, when handed lemons, make lemonade.
“The current economic situation certainly presents challenges, but we also see significant opportunities” states Sharon Cochrane, Chair of Progress Prince George. “There are added incentives now for governments, organizations and businesses to work together to maximize opportunities and move forward initiatives that Progress Prince George has been advocating.”
The key opportunities and areas of focus identified include:
- The opportunity for Prince George to access the stimulus funding made available by the federal and provincial governments to create jobs, promote stability and pursue the city’s long term goals and priorities.
- New opportunities for innovative and collaborative partnerships between community leadership and like-minded local, regional and provincial entities to pursue common goals for the benefit the city and the region.
- Maintaining focus on economic development and diversification by pursuing opportunities to advance the city’s connectivity and improve Prince George’s position as a transportation and logistics hub and to benefit from the development of mining and oil and gas projects in Northern BC.
- Embracing the conditions for a transformation of the forest industry by encouraging more value-added activities and the successful application of new ideas for the use of forest products.
- Opportunities to enhance the economic and social impact of education and health activities in the community.
- Community development initiatives including air quality improvements, downtown redevelopment and encouraging full participation of the First Nations population in the community and the economy.
“Progress Prince George will continue to closely monitor global economic conditions and trends,” states Cochrane, “and identify windows of opportunity that will inevitably present themselves. Prince George will take a leadership role in working with senior governments and other stakeholders to inform policy issues and funding decisions that are of interest to Northern BC.”
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