B.C. is allocating $10 million of federal funding to help create jobs and boost the economy in the Mackenzie and Peace regions.

The Intergovernmental Partnership Agreement for the Conservation of the Central Group of the Southern Mountain Caribou, a partnership agreement, was signed in February 2020 and included commitments to help protect caribou populations and habitats in Northeast B.C.

The funding is part of the partnership agreement process to help create jobs and ease potential impacts in the Peace Region, specifically near Mackenzie, Chetwynd and Tumbler Ridge.

The province claims, “the fund will grow these local economies while showcasing the province’s natural treasures.”

“Our government is committed to caribou conservation, and we continue to work with our partners to protect species at risk and to protect and enhance B.C.’s biodiversity,” said Josie Osborne, Minister of Land, Water and Resource Stewardship, in a release.

“At the same time, we also recognize the need to mitigate potential economic impacts in areas covered by the Partnership Agreement. The job-creation funding provided by the South Peace Mackenzie Economic Diversification and Stabilization Trust is an important step forward in achieving that goal.”

Through the South Peace Mackenzie Economic Diversification and Stabilization Trust, the B.C. government has set up a system to give the money to eligible applicants.

The trust will be managed by an independent trustee with input from two regional advisory committees that will be composed of representatives from local communities.

These committees will review job-creation proposals and recommend projects for approval by the trustee, which could be awarded up to $250,000.

For more information about the trust and application forms, click here.