ICET Announces Election of New Members to Board of Directors

Monday, January 23, 2012

Duncan, B.C. - The Island Coastal Economic Trust (ICET) has elected Phil Kent, Mayor of Duncan as its new Chair, Camela Tang as the Board's Vice-Chair, Bev Parnham, Mayor of Port Hardy as Secretary and Dallas Smith as Director at large of its Executive Committee.  ICET also announced the outcome of the election of three new members to its Board of Directors and the new Chair and Vice Chair to the North Island - Sunshine Coast Advisory Committee (NISCRAC).

The recent municipal elections created three vacancies on the Board of Directors, to be elected from the North Island Regional Advisory Committee in addition to vacancies on the Board of Directors Executive Committee.

On January 13th, the Trust's statutory stakeholders - Mayors, Chairs of Regional Districts and MLAs within the Trust's NISCRAC mandate area - came together in Courtenay and elected Mayor Bev Parnham of Port Hardy, Mayor Edward Lewis of Zeballos and Mayor John Henderson of Sechelt to the Board of Directors.  These stakeholders also elected Mayor Teunis Westbroek of Qualicum Beach to serve as the NISCRAC Chair and Mayor Paul Ives of Comox to serve as Vice-Chair.

"The Trust is pleased to welcome these new representatives to the Board and the Executive.  The newly elected members to the Board of Directors represent some of the smaller communities in our constituency and will no doubt bring new ideas and a new outlook to our Board," stated Phil Kent, new Chair of the Trust.  "This new energy will help guide our Board forward, in the coming years, as we continue our work to foster new economic growth in our region," added Kent.

Mayor Kent also acknowledged the hard work and contributions of former members of the ICET Board including Barry Janyk of Gibsons (former Board Chair), Charlie Cornfield  of Campbell River, Ken McRae of Port Alberni, and former NISCRAC chair, Greg Phelps of Courtenay.

About Island Coastal Economic Trust

The Island Coastal Economic Trust was established in February 2006 under an Act of the Province of British Columbia. It provided a $50-million endowment that is managed by an independent Board of Directors comprised of thirteen members - eight Mayors and five provincial appointees from the prescribed area.

The Board's mandate is to make strategic investments in economic development priorities including forestry, transportation, tourism, mining, energy, economic development, agriculture and aquaculture, and small business.  The ICET region encompasses all Regional Districts and municipalities on Vancouver Island north of the Malahat as well as the Powell River and Sunshine Coast Regional Districts.

ICET has approved over $46 million for over 80 projects on the Island and Sunshine Coast since implementing its grant program in 2007. The total impact of these investments is estimated at over $245 million.

ICET Election Process

The 13 person Board of Directors, plus the two Chairs of the Regional Advisory Committees sitting ex-officio, meet monthly to consider and make decisions regarding projects submitted for funding support.

Under the Trust's enabling legislation, eight (8) Board members must be elected by the two Regional Advisory Committees every two years or when vacancies occur. Four members are elected from each of the North Island-Sunshine Coast Regional Advisory Committee and Central South-Island Regional Advisory Committee. The current term for all elected Board members will end in July 2012.

The five provincially appointed Board members have a three year term ending in August 2012.

The Regional Advisory Committee Chairs and Vice-Chairs are elected annually or when vacancies occur.  The election of the new CSIRAC Chair and Vice-Chair will occur on February 17th.

A complete list of members of the North Island - Sunshine Coast Advisory Committee, the Central South Island Regional Advisory Committee and the members of the Board of Directors is attached.

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

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For further information:

Phil Kent, Chair
Island Coastal Economic Trust and
Mayor of Duncan
Tel: 250-709-0186
mayor [at] duncan [dot] ca

Al Baronas, CEO
Island Coastal Economic Trust
Tel. 250-334-2427 Extension 223
info [at] islandcoastaltrust [dot] ca
www.islandcoastaltrust.ca   

Island Coastal Economic Trust Board of Directors

Mayor Phil Kent, Duncan - Board Chair
Camela Tang - Provincial Appointee - Board Vice-Chair
Mayor Gerry Furney, Port McNeill - Board Treasurer
Mayor Bev Parnham, Port Hardy - Board Secretary
Dallas Smith - Provincial Appointee - Director at Large
Bob Bennie - Provincial Appointee
Mayor John Henderson, Sechelt
Mayor Rob Hutchins, Ladysmith
Mayor Edward Lewis, Zeballos
Dave Mannix - Provincial Appointee
Arlette Raaen - Provincial Appointee
Mayor John Ruttan, Nanaimo
Joe Stanhope, Chair, Nanaimo Regional District

North Island-Sunshine Coast Regional Advisory Committee

Mayor Teunis Westbroek, Qualicum Beach - NISCRAC Chair
Mayor Paul Ives, Comox - NISCRAC Vice-Chair
Mayor Jan Allen, Port Alice
Mayor Craig Anderson, Gold River and Chair, Strathcona Regional District
Mayor Leslie Baird, Cumberland
Mayor Michael Berry, Alert Bay
Mayor John Douglas, Port Alberni
Gary Feschuk, Chief Councillor, Sechelt Indian Government District
Mayor David Formosa, Powell River
Scott Fraser, MLA, Alberni-Qualicum
Mayor Gerry Furney, Port McNeill
Edwin Grieve, Chair, Comox Valley Regional District
Mayor John Henderson, District of Sechelt
Al Huddlestan, Chair, Mt. Waddington Regional District
Mayor Bill Irving - Ucluelet
Mayor Walter Jakeway, Campbell River
Mayor Larry Jangula, Courtenay
Mayor Edward Lewis, Zeballos
Mayor John MacDonald, Sayward
Honourable Don McRae, MLA, Comox Valley
Garry Nohr, Chair, Sunshine Coast Regional District
Colin Palmer, Chair, Powell River Regional District
Mayor Bev Parnham, Port Hardy
Mayor Wayne Rowe, Gibsons
Mayor Perry Schmunk, Tofino
Mayor Jude Schooner, Tahsis
Nicholas Simons, MLA, Powell River-Sunshine Coast
Claire Trevena, MLA, North Island
Glenn Wong, Chair, Alberni-Clayoquot Regional District

Central South Island Regional Advisory Committee

Joe Stanhope, Chair, Nanaimo Regional District - CSIRAC Vice-Chair
Mayor Chris Burger, Parksville
Ron Cantelon, MLA, Parksville - Qualicum
Mayor Jack deJong, Lantzville
Mayor Ross Forrest, Lake Cowichan
George Holme, Director, Regional District of Nanaimo
Mayor Rob Hutchins, Ladysmith and Chair, Cowichan Valley Regional District
Mayor Phil Kent, Duncan
Leonard Krog, MLA, Nanaimo
Mayor Jon Lefebure, North Cowichan
Bill Routley, MLA, Cowichan Valley
Doug Routley, MLA, Nanaimo-North Cowichan
Mayor John Ruttan, Nanaimo

 

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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

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