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

Rock slide forces rural Keremeos residents to leave their homes

Witness describes boulders bigger than her car

Okanagan College to develop wellness strategy for drug use

The Kelowna campus has 28 employees trained in the use of naloxone.

Ranch’s plan to use processed human waste fertilizer prompts concern in Turtle Valley

Turtle Valley residents invited to hear facts around biosolids

Downed powerline delaying Highway 1 traffic

Traffic heading west from Salmon Arm slowed at Squilax-Anglemont bridge

Changes sought to dog ban on foreshore

Time period of prohibition asked to be moved ahead for nesting birds

Protective human chain forms around Victoria mosque for Friday prayer

Islanders stand arm-in-arm to show support in aftermath of New Zealand shootings

UPDATE: Destructive blaze in West Kelowna

A unit of a condo complex is on fire in West Kelowna

‘Families torn apart:’ Truck driver in fatal Broncos crash gets 8-year sentence

Judge Inez Cardinal told court in Melfort, Sask., that Sidhu’s remorse and guilty plea were mitigating factors

Pet Planet picks up Okanagan’s cannabis for pets

True Leaf Medicine International expands retail distribution to 3,500 stores worldwide

AquaVan comes to Okanagan Science Centre

200-litre mobile touch tank allows you to get up-close with marine invertebrates

Army of support behind Black Press saleswoman battling cancer

GoFundMe helps empower Sue Folliott’s fight

Boy who went missing from park remains largest probe in Victoria police history

The four-year old Victoria boy went missing without a trace on March 24, 1991

WestJet sticking with Boeing 737 Max once planes certified to fly

WestJet had expected to add two more of the planes this year to increase its fleet to 13

No joke: Kelowna’s first zero-waste grocery store to open April 1

Farm Bound Zero Waste has announced its opening date

Most Read