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Province provides funding to help economic development projects in Cowichan

A variety of projects in the Cowichan Valley are to receive funding from the Rural Economic Diversification and Infrastructure Program.

The funding announcement includes $59,789 for the Ladysmith Mountain Bike Trail Network Planning and Feasibility Study for an assessment and mapping, an economic impact analysis and identification of companion improvements and programs.

Mayor Deena Beeston says investing in a mountain bike trail network aligns with the town’s vision of sustainable growth, supports local businesses, and showcases Ladysmith’s natural beauty.

Also in Ladysmith, Island Corridor Foundation is in line for $1 million toward the Historic Train Station Renovation and Refurbishment Project. Coast Salish Development Corporation will receive more than $374,000 for a waterfront restaurant at the Oyster Bay Marina in Ladysmith Harbour.

Economic Development Cowichan will receive $500,000 for the Cowichan Region Tech and Innovation Ecosystem Project.

Synergy Sustainability Foundation of Duncan will get over $377,750 for the VI-Coast Circular Economy Ecosystem Project.

North Cowichan will receive $500,000 to help improve industrial land development.

The province is providing funds for more than 130 projects around BC for a total of $43 million in funding this year from the Rural Economic Diversification and Infrastructure Program (REDIP).

Projects in the Cowichan Valley and Ladysmith

– Cowichan Valley RD – Economic Development Cowichan – $500,000 for Cowichan Region Tech and Innovation Ecosystem Project

– Craft Cannabis Association of BC – Cowichan Valley – $25,620 for building the Cowichan Cannabis Trail

– OURecovillage Cooperative – $100,000 for exploring livestock/poultry training facility for SME producers

– Synergy Sustainability Foundation – Duncan – $377,750 for VI-Coast Circular Economy Ecosystem Project

– District of North Cowichan – $500,000 for leveraging infrastructure to transition the economy: site servicing design to promote industrial land development

– Island Corridor Foundation – $1 million for the Ladysmith Historic Train Station Renovation and Refurbishment Project.

– Coast Salish Development Corporation – $374,063.30 for a waterfront restaurant in the existing marina building at the Oyster Bay Marina in the Ladysmith Harbour, boosting the local economy and providing significant benefits for Stz’uminus.

– Town of Ladysmith – $59,798 for the Ladysmith Mountain Bike Trail Network Planning and Feasibility Study.

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