IPG Granted Foreign Investment Funding

Monday, August 16, 2010 11:52 AM

Prince George, B.C.- Initiatives Prince George and the Northern Development Initiatives Trust are among 23 community organizations in the province to receive special funding aimed at attracting foreign investment.

The funding is made available through the Government of Canada Invest Canada-Community Initiatives (ICCI) program. The ICCI program helps communities in all provinces and territories attract, retain and expand foreign direct investment. It supports non-profit and public-private groups at the local community level.

Initiatives Prince George has received $19,820 to develop a multilingual foreign direct investment attraction materials, with a focus on Chinese, Korean and Japanese languages.
Northern Development Initiatives Trust has been granted $25 thousand to develop a foreign direct investment strategic plan and marketing materials.
Tumbler Ridge recieved $18 thousand for an investment and retention toolbox and economic development training
The Quesnel Community and Economic Development Corporation received $26,300 to be used to redesign its website and provide translation and training of economic development staff.
The Regional District of Bulkley- Nechako was granted $7,040 to develop a regional district asset mapping data base.

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Posted on Monday, August 16, 2010 11:52 AM in News by 250 News

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Comments

Posted by: kolberg on August 16 2010 1:58 PM

Our economic stimulus money at work. Roughly a dollar per capita being “invested” in attracting foreign investment. A better stimulus plan could be to stop wasting money and lower our taxes, or at least spend the money on some infrastructure that is beneficial to the people and investors.

Posted by: Grant G on August 16 2010 2:51 PM

Cheers

http://powellriverpersuader.blogspot.com/2010/08/gordon-campbell-unfit-to-govern.html

Posted by: Palopu on August 16 2010 6:50 PM

How much money are foreign Governments giving to their people to spend on attracting Canadians to invest in their Countrys, or are we to beleive that this is a one way street.

What a bunch of garbarge. Most of the people who are receiving this money couldnt get a shoe shine stand to locate at Third and George.

This is more about smooshing people than it is about investment. Much like all the feel good announcements lately, like the Twinning of the Simon Fraser, the Cancer Clinic, River Road, the near completion of the bridge at Endako.

The Government wants you to feel all warm and fuzzy so that you wont kick the hell out of them for bringing in the HST.

Dont be taken in.

Posted by: Eagleone on August 17 2010 12:23 AM

Kind of like how in the past taxes went to build forestry camp sites and provincial camp sites that were free for anyone to stay at and they were all well maintained... now most forestry camp grounds are gone and the provincial ones are charging an arm and a leg semi privatized. The money shifted from building out and maintaining infrastructure everyone could use for free... to funding for tourism programs that create employment for the marketing industry with connections.

Posted by: CEO on August 17 2010 8:26 AM

"to develop a multilingual foreign direct investment attraction materials"

Are there a few commas missing?

"$18,000 for an investment and retention toolbox"

"$26,300 to redesign its website and provide translation and training of economic development staff"

"$7,040 to develop a regional district asset mapping data base"

Where has this money been sitting and who is handing it out again? ICCI? Is this yet another new government department created to give us the perception of doing something constructive with our tax money?