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Local governments and organizations included in new funding
The Government of B.C announced today it is investing up to $66 million this year for the Rural Economic Diversification and Infrastructure Program (REDIP).
This program, which promotes economic diversification, clean-economy opportunities and infrastructure development in rural B.C., will provide $1,585,970 to six East Kootenay governments and organizations.
“Communities throughout B.C. have unique needs when it comes to the well-being of their residents and their economies” said Brenda Bailey, Minister of Jobs, Economic Development and Innovation. “That’s why we’re increasing our support for rural B.C., working side by side with local governments and First Nations to launch rural economic development projects that will provide good, sustainable jobs that allow people to stay in the communities they love.”
“Community leaders across B.C. are passionate about their communities, with exciting visions for building thriving and sustainable economies, today and for generations to come,” said Roly Russell, Parliamentary Secretary for Rural Development.
“It’s inspiring to see the diversity of community-led and place-based projects supported with REDIP that will help create exciting future economic opportunities. The doubling of this investment in rural communities means more of these projects can get in motion, and sooner, to better support rural economies across the province.”
The program opened on Nov. 15, 2022, and now hundreds of projects from the program’s first intake are approved and moving forward, with a second intake opening this year.
A total of 26 communities received the maximum $1-million project funding, including the City of Kimberley, which is using the funds for the Marysville Industrial Lands Service Improvement Project.
The City of Cranbrook is getting $271,863 for ‘Forest Impact Transition.’
Columbia Valley Chamber of Commerce is receiving $34,107 to put toward economic diversification.
AQ’AM Community Enterprises LP is getting $80,000 for economic diversification.
The Elkford Chamber of Commerce is getting $100,000 for economic development capacity building.
The Village of Canal Flats is getting $100,000 for economic development capacity building.
See the full list of approved projects.
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