News

PEACE RIVER REGIONAL DISTRICT B.C. – Northern Development Initiative Trust announced today that 19 projects totalling nearly $517,000 have been approved to benefit the agriculture industry through the BC Hydro Peace Agricultural Compensation Fund (PACF). Since the launch of the fund, over $1.2 million has been awarded to 53 projects.

PEACE RIVER REGIONAL DISTRICT B.C. – Northern Development Initiative Trust announced today that $176,483 has been approved to benefit 10 Peace Region agricultural projects through the BC Hydro Peace Agricultural Compensation Fund (PACF).

FORT ST. JOHN B.C. – Northern Development Initiative Trust announced today that $213,672 has been approved to benefit nine Peace Region agricultural projects through the BC Hydro Peace Agricultural Compensation Fund (PACF).

The BC Hydro Peace Agricultural Compensation Fund is a $20 million fund established by BC Hydro to support agricultural production and related economic activity in the Peace Region. This fund is governed by a regional decision-making board, responsible for overseeing the management and disbursement of the fund. They are seeking one member-at-large to serve on the board.

FORT ST. JOHN B.C. – Northern Development Initiative Trust announced today that nine Peace Region agricultural projects will receive approximately $190,000 in funding through the BC Hydro Peace Agricultural Compensation Fund (PACF)

On Friday, August 2, Northern Development began accepting applications to the BC Hydro Peace Agricultural Compensation Fund (PACF) – the $20 million fund BC Hydro established to support agricultural production and related economic activity in the Peace Region. The fund reflects BC Hydro’s recognition of the role agriculture plays in the Peace River region and the potential effects of the Site C project on agriculture.