Northern Development announces over $213,600 for nine projects through BC Hydro Peace Agricultural Compensation Fund

FORT ST. JOHN, B.C. – The Northern Development Initiative Trust has announced that over $213,600 has been appr…

FORT ST. JOHN, B.C. – The Northern Development Initiative Trust has announced that over $213,600 has been approved to benefit nine Peace Region agricultural projects through the B.C. Hydro Peace Agricultural Compensation Fund.

According to the Northern Development, this is the third time grants have been awarded from the $20 million bi-annual fund, which was established in 2018.

The fund is currently accepting applications for its next intake, which closes at midnight on January 31, 2021.

The fund reflects B.C. Hydro’s recognition of the role agriculture plays in the Peace River Region and the potential effects of the Site C Project on the industry. It is governed by a regional decision-making board and administered by the Northern Development Initiative Trust.

To date, $599,736 has been distributed to 24 projects through the BC Hydro Peace Agricultural Compensation Fund.

A list of recipients can be found on Northern Development’s website.

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