Investment News for North Central BC
Canada’s Newest Foreign Trade Zone
Prince George is Canada’s western-most inland port and newest Foreign Trade Zone due to our transportation network, duties and benefits program and investment opportunities.
5.6 Billion Petrochemical Plant Announced
Calgary-based company West Olefins has announced its plans to build a $5.6-billion petrochemical plant in the BCR industrial site creating up to 1000 long term jobs.
Global Logistics Park – Boundary Road
The Prince George Global Logistics Park is situated between Highways 16 and 97, is adjacent to the Prince George International Airport, and is approximately 3 kms away from railroad transportation.
International Business is Eyeing PG
Melissa Barcellos, the City of Prince George’s Economic Development directory revealed that Prince George is participating in the province’s Provincial Nominee Program’s (PNP) immigration pilot project for rural communities.
Prince George is Nailing It
Terri McConnachie, executive officer for the Canadian Home Builder’s Association, described this year’s construction season as “hair straight back” for the region’s builders, designers and tradespeople.
Prince George Building Permits Up in 2019
There was over $11 million worth of building permits issued in February 2019 in Prince George and significant increase over 2018.
CN Expanding Railway West of PG
CN Rail has announced a $345 million dollar investment into railway infrastructure in BC, including 2.5 miles of double track west of Prince George.
UNBC Getting New Engineering Programs
The University of Northern British Columbia (UNBC) is welcoming a full civil and environmental engineering program alongside $3.5 million for new learning facilities.
Prince George Offers Investment Incentives
The City of Prince George offers an incentive program for multi-family housing located in key growth areas that incorporates adaptable housing standards into 50 per cent of the units.
Prince George and Bio Energy
Over recent decades, Prince George has developed from a mainly forest-based economy to a city driven by a strong natural resource base. The local economy is now diversified across multiple sectors.
Real Estate Investments Hit Record High
TORONTO — A new report says Canadian commercial real estate transactions hit a record high in the second quarter, driven by two major deals and continued strength of the Toronto and Vancouver markets.
Investing in Apartment Buildings
Have you considered buying a multi-family building as an investment? There are a lot of opportunities around BC and you can find some amazing listings on our site. As an investment, the multi-family homes make a lot of sense.