All Funded Projects

Port McNeill Economic Development Strategy

Overview

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.

Project Details

Lead Organization Town of Port McNeill
Sub-Region North Island
Year Approved 2015
Funding Program Investment Readiness - Economic Strategy Stream
Investment Priority Entrepreneurs and Local Businesses
Trust Investment $25,000
Total Budget $50,000

Project Impact

The Trust invests in projects using a Wellbeing Impact Framework that looks beyond traditional economic metrics. This approach evaluates how each investment strengthens economic prosperity, cultural vitality, climate resilience, and social empowerment. By focusing on outcomes that matter to people and place, the Trust works to spur new investments that create meaningful, lasting benefits across Vancouver Island and the coast.