Telus investing $12 million in Kitimat for fibre optic network

Telus will be investing $12 million into Kitimat before the end of 2017, in order to connect 90 per cent of homes and businesses to the fibre optic network the telecommunications company has established in the province. Construction on the project will begin in the upcoming weeks and planning has already commenced, according to a press release issued by Telus, with the company anticipating all homes and businesses will be connected by the end of […]

Province putting $150 million into silviculture

The B.C. Liberals are doubling down on their plan to fight climate change by planting trees. Christy Clark announced a $150 million investment  Friday in the Forest Enhancement Society — a government-funded stewardship organization — to carry out projects to mitigate wildfire risk and reduce greenhouse gas emissions by replanting ravaged forests. “We must never forget that the most basic solution is Mother Nature’s solution — and that’s sequestering more carbon in our forests. Planting more trees is good […]

Natural Resources Development in Northern British Columbia

Here in Northern BC the next 6 months will be busy with numerous projects in the natural resource sector. In the short term there are a number of events that will help set the pace forward for the next 10-20 years of business development. Cambridge House First up is the Cambridge House Vancouver Investment Resource Show January 22-23 at the Vancouver Convention Centre. This show is slowly bouncing back with companies looking for investors for […]

Gas drilling drops to 23-year low in B.C.’s resource-rich northeast

Natural gas drilling in northeastern British Columbia has fallen to a 23-year low as gas producers continue to navigate a complicated market still dogged by a supply glut in the United States and lack of outlets outside of North America for the fuel. At the end of October, producers had punched just 267 new wells in the region, according to figures from the B.C. Oil & Gas Commission, down 40 per cent from the 450 […]

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