ENHANCEMENTS TO GOLD RIVER WATERFRONT TO SUPPORT TOURISM AND BUSINESS

Wednesday, February 16, 2022

Village of Gold River Waterfront Plan will guide harbour area investments and upgrades

COURTENAY, 16 February 2022 – New opportunities for tourism and related enterprises along the Gold River waterfront will be explored in a Waterfront Planning process, with support from the Island Coastal Economic Trust’s (ICET) READY program.

The Village of Gold River recently completed an economic development strategy that identified the waterfront area as critically important to multiple sectors of the local economy. The purpose of this plan is to conduct preliminary analyses of the needs of current waterfront stakeholders, and to provide an early redevelopment concept for the waterfront area.

“Creating more ways for visitors, locals, and businesses to enjoy and benefit from the waterfront is integral to the diversification of the region’s smaller coastal communities,” says ICET Board Chair Aaron Stone. “This Quick Start project will help the Village accelerate the re-imagining of this vital area.”

Gold River's waterfront is located 12km from the Village Center. The Village of Gold River was established in 1965 with a pulp mill as its major employer. After the mill closed in the late 1990s, the community experienced significant job loss, and population decline. Since that time, the area has established itself as a hub for adventure and nature-based tourism, as well as cultural and historical tourism.

“Gold River is now considered a tourism gateway to Nootka Sound, and the waterfront represents an incredible potential to current and future users," says Mayor Brad Unger. “Our vision for the waterfront is a place that supports and promotes a rich diversity of local economic activity and improved access to the incredible Muchalat Inlet.”

The waterfront currently provides public, commercial, and private facilities to a variety of users including forestry, fisheries, aquaculture, tourism, and the community. The consultation and planning process will include stakeholders such as the Mowachaht/Muchalaht First Nation, Greig Seafood, West Coast Marine Terminals, Air Nootka, Get West Adventures, and Western Forest Products, as well as Village of Gold River residents and businesses.

The project is expected to begin shortly.

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About the Island Coastal Economic Trust
Created and capitalized by the Province of BC in 2006, the Island Coastal Economic Trust (ICET) mission is to create a more diverse and globally competitive Island and Coastal economy. In partnership with local and regional governments, non-profits and Indigenous communities, ICET serves over half a million residents. Funding and support for economic infrastructure and other economic diversification initiatives is delivered through a unique community centered decision-making process. Since inception, ICET has approved more than $55 million in funding for over 280 initiatives. These investments have leveraged over $270 million in new investment into the region creating more than 2600 construction phase jobs and 2750 long-term permanent jobs. 

About the Quick Start funding stream:
ICET’s Quick Start funding stream enables communities with limited staff and financial resources to “kickstart” their new strategies and turn concepts into action with projects that can be completed within a short timeframe. Funding up to $15,000 may be used for small scale projects or to support the development of materials or plans required to access funding for larger scale initiatives. To learn more, visit www.islandcoastaltrust.ca

For further information:

Hilary Muth, Communications Coordinator
Island Coastal Economic Trust
Tel. 250-871-7797 (Ext. 228)

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

2,750
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$246
million leveraged into the region

ICET By The Numbers

$52.3
million disbursed

ICET By The Numbers

$55.2
million committed

ICET By The Numbers

230
economic development projects

ICET By The Numbers

210
projects completed

ICET By The Numbers

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

ICET By The Numbers

50+
communities with ICET projects

2020-2021
ANNUAL REPORT

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