Community Benefit Hub

Town of Qualicum Beach

Sources of Funding
ICET Contribution:$93,000
In-Kind:$16,000
Local Government:$168,600
Total Budget: $277,600

Strategic procurement is an opportunity for communities to leverage tax dollars to achieve social, economic and environmental objectives aligned with community values. Since 2016, a working group of local government leaders have collaborated on the concept of a Community Benefit Hub – a cost effective framework for communities to integrate strategic procurement into public-spending.

This Community Benefit Hub brings together Cumberland, Ladysmith, Cowichan Valley Regional District, Gibsons, Powell River, Tofino, Campbell River, Qualicum Beach and the City of Victoria to develop template policies and frameworks for strategic procurement adaptable to more than 60 local governments. The project includes providing expertise, materials and training support to local governments, as well as supply side outreach and training. An evaluation framework will be developed to compare results and ensure best practices are shared between communities.

With early support from communities across the region, the project is anticipated to establish the region as a knowledge hub for strategic procurement. Project benefits include increased opportunity for small and medium enterprises, increased targeted employment and training opportunities, supply-chain diversification, and strengthening community outcomes through taxpayer funded systems. Project completion is expected in Fall 2020.

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

Stay informed with our latest news!

* indicates required