Terrace is receiving nearly $80,000 in provincial funding to support a new initiative focused on attracting business investment and economic growth.
The Terrace Downtown Improvement Area Association is receiving the funding through the Province’s Rural Economic Diversification and Infrastructure Program, known as REDIP.
The funding will support the creation of an investment attraction plan and promotional materials designed to highlight Terrace’s strengths, including its strategic location, transportation connections, and opportunities for business growth.
The initiative aims to attract new commercial, industrial, and service-sector investment while supporting local job creation and economic diversification.
Terrace Downtown Improvement Area Association President Joseph Lavoie says a strong downtown plays an important role in building a strong community.
He says the project will help attract investment that creates jobs, services, and more opportunities for people who live and work in Terrace.
North Coast-Haida Gwaii MLA Tamara Davidson says Terrace has a strong foundation for future growth, with a skilled workforce and important connections throughout northwestern B.C.
The Province says the project will help position Terrace as a regional service and logistics hub, while preparing the community to benefit from future economic opportunities and major regional developments.
