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
Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Penticton curlers reflect on B.C. Winter Games

If they could do it again, they would. A group of junior… Continue reading

Penticton RCMP seeking suspect of vandalism to Chinese place of gathering

RCMP are investigating a reported incidence of vandalism after an alleged racially-motivated attack

Campaign promotes Syilx/Okanagan language and culture

To support initiative, Nsylixcen t-shirts and water bottles are being distributed across Okanagan

Penticton bylaw officers tear down homeless man’s camp

Bylaw had “serious” safety and fire concerns about the dwelling in the Skaha Lake parking lot.

Interior Health leading the way with innovative therapy for stroke patients

Percentage of ischemic stroke patients who received treatment has risen dramatically

Morning Start: Abraham Lincoln’s dog was also assassinated

Your morning start for Thursday, February 27, 2020

Pedestrian struck by vehicle in Vernon

Patient was taken to Vernon Jubilee Hospital around 8:30 a.m. Thursday

UPDATE: Boy, 5, will donate organs after crash that killed father, son on B.C. highway

Mike Cochlin and sons Liam and Quinn were travelling on Highway 5A

Wet’suwet’en hereditary chiefs to meet today with federal and B.C. governments

Nationwide rail and road blockades have been popping up for weeks

Shuswap boy wins stick from hockey hero with rock, paper, scissors

Chase’s Payton Koch’s exchange with Minnesota Wild’s Kevin Fiala caught on camera

Chinatowns across Canada report drop in business due to new coronavirus fears

Around the world, about 81,000 people have become ill with the virus

VIDEO: Province promotes ‘lifting each other up’ on 13th annual Pink Shirt Day

Students, MLAs, community members gathered at B.C. Parliament Buildings Wednesday

Prepare for new coronavirus like an emergency, health minister advises

About 81,000 people around the world have now become ill with COVID-19

Winnipeg police investigating graffiti on RCMP and other buildings

Manitoba Justice Minister Cliff Cullen denounced the vandalism

Most Read