2008-12-16

Investment by Canada's Government to Benefit Prince George Economy

The Honourable Jay Hill, Member of Parliament for Prince George - Peace River, Leader of the Government in the House of Commons, on behalf of the Honourable Lynne Yelich, Minister of State for Western Economic Diversification, announced today federal funding of $215,930 to the Regional District of Fraser-Fort George (RDFFG) to conduct industrial land site evaluations to revitalize local land impacted by the Mountain Pine Beetle. Funding for this investment is being provided by Western Economic Diversification Canada under the Community Economic Diversification Initiative (CEDI), a component of the federal Mountain Pine Beetle Program.

"Today's investment will build future opportunities for Prince George industries," said Minister Hill. "By conducting initial site evaluations, we can then go forward and attract new investment, support new industry and build new infrastructure for our local economy which has been impacted by the Mountain Pine Beetle infestation."

Funding will help the Regional District of Fraser-Fort George conduct critical evaluations of potential industrial sites, including: environmental air quality, geotechnical and terrain conditions, suitability of rail line access and the need for utility infrastructure extensions. This project will assist the RDFFG and the municipalities within its boundaries, and other economic development organizations, as they plan for new local industries to diversify the regional economy.