BCBusiness

October 2024 – Return of the Jedi?

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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INVEST in BC 2 0 2 4 51 Your Gateway to Growth Your Gateway to Growth Affordable homes & short commutes State-of-the- art healthcare Over $110 million in infrastructure investments livenorthwestbc.ca Rich culture and outdoor lifestyle Ample land for development W ith short commutes from affordable homes, state- of-the-art healthcare, recently- announced infrastructure investments, a surplus of residential and commercial land and, of course, unlimited outdoor adventures at your doorstep— endless opportunities await in Northwest B.C. After a decade of lobbying, the Province recently announced an unprecedented investment in local public infrastructure. The region will receive more than $110 million over five years, with $19.5 million for the District of Kitimat; over $34 million each for Prince Rupert and Terrace; a combined $10.3 million for the Village of Hazelton and District of New Hazelton; and almost $12 million for the Regional District of Kitimat-Stikine. It's a region teeming with opportunities: cross-sector demand, high-paying jobs and countless opportunities for entrepreneurs. The Northwest also boasts modern amenities, laid-back vibes, a real sense of community and thriving cultural scenes. With capital investments easing the burden on taxpayers, the time is now to invest in Northwest BC. So, what are you waiting for? Contact the Regional District of Kitimat-Stikine's Economic Development Officer Meghan Bowles at 250-615-6100 or mbowles@rdks.bc.ca for more information on investing in Northwest BC. Visit livenorthwestbc.ca or connect on Facebook or Instagram @livenorthwestbc Search for LiveNorthwestBC on Youtube NORTHWEST BC: WHAT'S HOLDING YOU BACK? N O R T H W E S T B C essential to the energy transition, demand for which is expected to soar. The Kitselas and Kitsumkalum First Nations, based near Terrace, became the first Indigenous groups in a decade to conclude treaties with the B.C. government, raising hopes for further economic reconciliation in the region. If ratified by members, the Kitselas and Kitsumkalum will receive 38,000 and 46,000 hectares of land, respectively, powers of self-government and hundreds of millions of dollars in cash settlements from the federal government. The treaties would come into effect in 2028. • ENERGY TRANSITION: The Red Chris copper/gold mine anchors the Golden Triangle (top); First Nations including the Kitselas (below left) have negotiated new treaties in the northwest Official Publication of the BC Economic Development Association in special partnership with BCBusiness.

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