Bruce Ralston, Minister of Jobs, Trade and Technology, was in Courtenay Thursday to announce the launch of a new Provincial Nominee Program (PNP) Entrepreneur Immigration Regional Pilot. At right is Courtenay-Comox MLA Ronna-Rae Leonard. Scott Stanfield photo

B.C. looks to attract global business people to its smaller cities

Jobs Minister Bruce Ralston made the announcement in Courtenay Thursday

The provincial government has launched a new pilot program to draw entrepreneurs from around the world to B.C.’s smaller communities.

“Due to an aging workforce and a preference for city living, some smaller towns can face challenges growing their local economies,” Jobs Minister Bruce Ralston said in a news release Thursday, adding the program will be set up in 30 communities.

To be eligible, a community must have a population of fewer than 75,000 and be at least 30 kilometres away from municipalities with more than 75,000 residents. It must also have three economic development sectors.

A previous program required would-be immigrants to have a personal net worth of $600,000 and a business investment of $200,000. This project requires a net worth of $300,000, an investment of $100,000, and the creation of one new job.

The business owner must also maintain 51-per-cent ownership and have three years’ or more experience in owning a business.

The 30 communities involved in the pilot include:

  • Barriere
  • Burns Lake
  • Castlegar and surrounding area
  • Courtenay, Comox and areas within the Comox Valley Regional District
  • Gibsons
  • Kimberley
  • Mackenzie
  • Merritt
  • Nelson
  • Port Alberni
  • Powell River
  • Prince George
  • Quesnel
  • Rossland
  • Sechelt
  • Squamish
  • Sunshine Coast Regional District
  • Terrace
  • Trail
  • Tumbler Ridge
  • Vernon
  • Williams Lake

Just Posted

VIDEO: Young black bear killed downtown Chilliwack

Video shows bear running down residential street moments earlier

Mission begins process to reclassify as a city, public will have a say

Should it be known as the District of Mission, City of Mission or Mission City?

Twilight concert series continues with Crescent Sky

Group will perform at Mission’s Fraser River Heritage Park on June 28 at 7 p.m.

Severe thunderstorm possible for Fraser Valley

Environment Canada has put out a watch for the Fraser Valley and Fraser Canyon

Mission school acquires new instruments thanks to grant, community support

Students at Ecole Christine Morrison performed a Music Monday assembly

VIDEO: Driver doing laps in busy Vancouver intersections nets charges

Toyota Camry spotted doing laps in intersection, driving towards pedestrians

Every situation is different, jurors hear at coroners inquest into Oak Bay teen’s overdose death

Pediatrician says involuntary treatment necessary following overdose, opioid use

RCMP across Canada to soon unionize, according to B.C. mayor

A spokeswoman for RCMP headquarters in Ottawa says it’s not yet a done deal

Explicit sex-ed guide for adults mistakenly given to Creston elementary students

The booklet clearly states online and inside that the guide contains sexually explicit information

Driver has $240K McLaren impounded minutes after buying it in West Vancouver

Officers clocked the car travelling at 160 km/h along Highway 1 in a 90 km/h zone

Former Vernon Judo coach pleads guilty to child pornography charges

Bryan Jeffrey McLachlan is set to return to court Sept. 4 for sentencing

B.C. Olympic skier sues Alpine Canada after coach’s sex offences

Bertrand Charest was convicted in 2017 on 37 charges

Former Canucks goalie Roberto Luongo to retire

‘Bobby Lou’ calls it a career after 19 NHL seasons

Most Read