Port Alice Economic Development Strategy

Village of Port Alice

Sources of Funding
ICET:$15,000
Province of BC - JTST:$15,000
Total Budget: $30,000

In response to the unforeseen curtailment of operations at Neucel Mill, the Village of Port Alice created an Economic Development Strategy and Implementation Plan, titled Port of Potential: Port Alice’s Economic Development Strategy. The purpose of the strategy and implementation plan is to continue the process of economic diversification and resiliency by creating a strong economic base that can better leverage opportunities and community assets.  Funding for this project was provided as part of a Province of BC and ICET partnership to support short term economic response to the industrial curtailment.

This project included community and business surveys, a community open house, and consultations with Steering Committee members, Village staff, and other key stakeholders. The strategy resulted in six focus areas complete with short, medium, and long-term actions for each of the strategic focus areas. Actions to reduce the Village’s dependence on the local pulp mill, support the development of local employment, and support a more diverse tax base within the Village were also developed.

Port Alice’s Economic Development Strategy has provided the community with a road map toward economic diversification and will support the Village’s efforts to attract and retain the amenities that make Port Alice a desirable location to live and work, assisting in the attraction and retention of skilled workers.

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

3,650
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$236
million leveraged into the region

ICET By The Numbers

$50.5
million disbursed

ICET By The Numbers

$52.1
million committed

ICET By The Numbers

212
economic development projects

ICET By The Numbers

170
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2018-19 Annual Report

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