Project Title:

Port McNeill Economic Development Strategy

Project Organization:

Town of Port McNeill

Project Investment:

  • Island Coastal Economic Trust: $25,000
  • Town of Port McNeill: $25,000
  • Total Budget: $50,000

Like many small towns on Vancouver Island, Port McNeill has seen its economy go through significant changes in the past several years. Traditional resource-sector industries like forestry, fishing, mining, and aquaculture are still significant, but looking towards the future means diversification and proactive planning for a quickly changing global economy.

The project, completed in 2015, consisted of the development of an economic development strategy to identify new economic drivers.  The process included the development of a 10 year integrated economic strategy through stakeholder engagement, analysis of current and historic economic activity, identification of key assets and opportunities, linkages with the regional economy and prioritization of short, medium and long-term investment opportunities.

Island Coastal Economic Trust approved funding for this project in 2015 through the Investment Readiness program.