Gibsons Public Market

Gibsons Community Building Society

Sources of Funding
ICET:$400,000
Gibsons Community Building Society:$517,411
Town of Gibsons:$275,000
In Kind Contribution:$395,000
CIBC:$100,000
BMO:$50,000
Sunshine Coast Credit Union:$21,000
VanCity Community Foundation:$20,000
Enabling Accessibility:$50,000
Other funding (Private Campaign):$441,589
Total Budget: $2,270,000
Quick Facts: 

Ongoing impacts from the Public Market and Marine Education Centre after 5 years are estimated to result in 40.9 local jobs.

Public farmers’ markets are an important space for local growers to sell their goods. They also serve as an entry-point for food producers looking to refine their products and develop their business. To address the need for a year-round, permanent, indoor public market, the Gibsons Community Building Society fundraised diverse support from businesses across the Sunshine Coast.

Now a central gathering space, the Gibsons Public Market is a significant community amenity that supports a variety of activities in addition to its core function as a farmers’ market. A community kitchen is host to cooking demonstrations and community classes, while the Marine Education Centre serves as an additional tourism amenity for visitors.  Vendors are directly supported by a business incubator that supports small-scale food producers to refine their products and grow their business.

In March 2017, the Market opened its doors, helping support new agriculture and value-added agricultural businesses in the Sunshine Coast area, adding vitality to the economy and quality of life. The Public Market and Marine Education Centre will also support related business development in the hospitality and marine tourism sectors.  By establishing a new social hub, this project also supports retention and attraction of youth, as well as the expansion of local businesses on the Sunshine Coast. 

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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