Tahsis Economic Development Strategy

Village of Tahsis

Sources of Funding
ICET:$30,000
Village of Tahsis:$30,000
Total Budget: $60,000
Quick Facts: 

The results of the initial filtering led to 56 opportunities being identified for consideration. Opportunities were then ranked according to four criteria and an average total score was determined.

The Village of Tahsis experienced important population and economic declines following the closure of two sawmills in 2003. Despite the challenges that resulted from the closures, sport fishing  and tourism have redefined Tahsis as a tourist destination during the summer months. The community wishes to capitalize on this existing market by developing an economic development strategy which builds upon its existing physical and natural assets and businesses and identifies new economic opportunities.

The project included a comprehensive analysis of demographics and current economic drivers, including tourism. Community workshops were held to engage stakeholders and identify strategic opportunities for growth and diversification. The community has fully embraced this proactive approach to advancing Tahsis’ economic wellbeing.

This project was completed in March 2014, resulting in an Economic Development Vision Statement that is based on the economic drivers of the community and region as well as community values and desires. The Vision is supported by a 5 year plan with 23 actionable economic development strategies.

This project is also serving as an important tool to increase collaboration with other communities, First Nations and other regional partners.  To date new relationships and joint projects have been initiated as a result of this work. 

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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