The Nechako-Kitamaat Development Fund Society Board of Directors has approved funding for projects in Burns Lake, Fraser Lake and Vanderhoof areas, bringing the total approved amount for this fiscal year to $75,090.
The 7 approved projects are:
NKDF Society Chair Rosanne Murray said, “It’s inspiring to see the variety of projects arising from the efforts of hard-working people in each community.”
"From aiding search and rescue teams to funding a new mountain bike trail, these dollars will improve the community of Burns Lake and the Nechako Lakes region in a variety of ways," says Nechako Lakes MLA John Rustad.
Colleen Nyce, Rio Tinto Alcan Manager of Corporate Affairs & Community Relations notes the diversity of the successful projects for the watershed region and offers “best wishes and congratulations to the proponents.”
The Nechako-Kitamaat Development Fund Society was jointly established in 1997 with a combined contribution of $15 million by the government of British Columbia and the former Alcan Inc., now Rio Tinto Alcan. The Fund’s investment area includes lands impacted by the original Kemano project and focuses on those communities in the Nechako and Haisla regions of the north.
The Society encourages applications from local governments and legally incorporated non-profit organizations. NKDF invests in projects that create sustainable employment, diversify the economy, and improve the basic infrastructure needed for community stability, quality of life and growth.
The Government of B.C. and Alcan Inc. each contributed $7.5 million to establish the Northern Development Fund in 1999. The investment income generated from this fund supports the NKDF grants program. Each partner has one representative serving on the board of directors. The NKDF is part of the portfolio of the Minister of Jobs, Trade and Technology.
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