Port McNeill, ICET launch plan

With the aid of ICET, the town of Port McNeill is embarking on a $50,000 strategic economic development plan beginning in early 2014.

PORT McNEILL—With the aid of financial assistance from Island Coastal Economic Trust (ICET), the town of Port McNeill is embarking on a $50,000 strategic economic development plan beginning in early 2014.

“Adapting to a changing economy is never easy, but with smart planning and focused efforts, Port McNeill will be positioned to thrive and take advantage of new opportunities,” ICET Chair Phil Kent said during announcement of the project last Thursday in Courtenay. “Our Economic Development Readiness program is the right match for this project, and I’m looking forward to seeing the positive outcome for the community.”

With a total budget of $50,000 being cost-shared 50/50 by the Town and the Island Coastal Economic Trust, an economic development strategy will be developed early in the new year with input from the community and stakeholders.

While traditional resource industries like forestry, mining, fishing and aquaculture still play a significant role in the economy of the North Island, the community of Port McNeill is looking towards the future, and that means building a strategic economic development plan.

“Port McNeill is a resource-industry town and forestry, mining, fishing and aquaculture will always be important, but we can’t rely on those industries as our only source of jobs,” said Mayor Gerry Furney. “We’ve already seen how tourism has become an economic driver in our area, and there’s more we can do to diversify our economy.”

The project will include a communications strategy to engage with residents, First Nations and regional stakeholders; a SWOT analysis of the community; and a strategic plan that recommends an integrated economic development strategy for the next 10 years.

The Island Coastal Economic Trust is a $50 million endowment established in 2006 by the Government of British Columbia to help diversify the economies of central and northern Vancouver Island and the Sunshine Coast.

ICET is guided by a Board of Directors and two Regional Advisory Committees which include more than 50 locally elected officials and MLAs and five appointees. This team of leaders collaborates to set regional priorities and build vital multi-regional networks.

Through a community-centred decision-making process, ICET has approved $47 million for over 100 economic infrastructure and economic development readiness projects on the Island and Sunshine Coast since implementing its grant program in 2007.  ICET investments have leveraged over $260 million in incremental funding into the region.

A full overview of ICET can be found at www.islandcoastaltrust.ca.

 

Just Posted

Port Hardy’s RCMP Staff Sgt. Wes Olsen: ‘It’s business as usual’ after cannabis legalization

Local RCMP will still be on the lookout for impaired driving despite cannabis legalization.

Jay Dixon finishes top three for School and District Leadership award

“I believe it’s all of our responsibility for our schools to provide quality education,” said Dixon.

7 Mile Landfill operations tender closes October

Taxes covering the landfill have not increased over the past 15 years and are not expected to soon.

VIDEO: This is what buying legal pot in B.C. looks like

Take a look inside B.C.’s first and only legal pot shop located in Kamloops

10 things still illegal in the new age of recreational cannabis

Pot is legal – but there are still a lot of rules, and breaking some could leave you in jail

B.C. NDP retreats again on empty-home tax for urban areas

Rate reduced for all Canadians, dissident mayors to get annual meeting

Jets score 3 late goals to beat Canucks 4-1

Winnipeg ends three-game Vancouver win streak

San Group announces plans to build new sawmill in Port Alberni

San Group has purchased 25 acres of Catalyst Paper land for expansion

Two B.C. cannabis dispensaries raided on legalization day

Port Alberni dispensaries ticketed for “unlawful sale” of cannabis

Canada not sending anyone to Saudi business summit

Sources insist Ottawa never intended to dispatch a delegation this time around

VPD ordered to co-operate with B.C. police watchdog probe

According to the IIO, a court is ordering Vancouver police to co-operate with an investigation into a fatal shooting

Port Hardy municipal candidate Rick Marcotte’s profile

“I feel that we have had a wonderful council that can discuss issues of importance,” said Marcotte.

Earthquake early-warning sensors installed off coast of B.C.

The first-of-its kind warning sensors are developed by Ocean Networks Canada

Port Hardy municipal election candidate Leightan Wishart’s profile

Wishart speaks on his experience: “I’ve was elected to the School Board in 2002.”

Most Read