Northern Development Approves $3.0 Million in New Investments
By 250 News
Thursday, November 26, 2009 03:55 AM
Prince George, B.C. -Northern Development Initiative Trust has approved eighteen community and industry investments totaling 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 Investment and Training Rebate to support the company's expansion of wood fibre reclamation of mountain pine beetle
logging waste to supply regional pellet producers.
The other manufacturing company expansion will be announced in Northeast BC next month.
.
|
Organization
|
Project Description
|
Funding Approved
|
Project Budget
|
|
Village of McBride
|
Eco-Sensitive Solution to Waste Water Treatment (Phase 2)
|
$450,000
|
loan
|
$2,075,575
|
|
Pioneer Biomass
|
Wood Fibre and Supply Business Start-up
- 24 direct new manufacturing jobs
|
$240,000
|
rebate
|
$3,044,093
|
|
Tumbler Ridge Museum Foundation
|
Peace Region Palaeontology Research Centre Expansion Project
|
$39,000
|
grant
|
$140,000
|
|
Rose Lake Community Club
|
Rose Lake Community Club Hall Renovation
|
$30,000
|
grant
|
$104,164
|
|
City of Quesnel
|
Quesnel and District Twin Arenas Roofing Project
|
$30,000
|
grant
|
$260,000
|
|
Kispiox Valley Community Centre Association
|
Kispiox Valley Community Centre Hall Renovation
|
$30,000
|
grant
|
$174,333
|
|
Roe Lake and District Recreation Commission
|
Interlake's Community Complex and Ball Diamond Upgrade
|
$30,000
|
grant
|
$145,038
|
|
Village of Ashcroft
|
Ashland Drylands Arena Renovation
|
$30,000
|
grant
|
$90,000
|
|
Ashcroft Indian Band
|
Renovation of Ashcroft Indian Band's Community Centre
|
$29,967
|
grant
|
$117,297
|
|
District of Logan Lake
|
Logan Lake Recreation Centre Up grade
|
$28,000
|
grant
|
$266,200
|
|
City of Fort St John
|
Enerplex Retractable Bleacher Seating
|
$22,266
|
grant
|
$66,800
|
|
Village of Port Clements
|
Port Clements Barge Feasibility Study
|
$14,514
|
grant
|
$50,800
|
|
Prince George Horse Society
|
Equine & Agriculture Facilities Expansion Study
|
$10,000
|
grant
|
$45,000
|
|
Metlakatla Development Corp.
|
Mount Hays Zip Line Feasibility Study
|
$8,500
|
grant
|
$30,000
|
|
Nicomen Indian Band
|
Nicomen Hall Renovations
|
$2,984
|
grant
|
$8,953
|
|
Three projects to be announced in the Northeast*
|
|
$2,017,609
|
loans and rebate
|
$2,830,257
|
|
|
TOTAL APPROVED
|
$3,012,840
|
|
$9,448,510
|
*Additional projects were approved by the Board and are scheduled for public announcement in the near future by the successful organizations. |
|
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Posted on Thursday, November 26, 2009 03:55 AM in
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Posted by: commoner on November 26 2009 8:20 PM
Probably checking with the NDP "spinners" in Victoria to see how they can put a negative to this good news story.
or maybe Bob Simpson "Mr. Negative" himself.