The Province’s contribution to the runway expansion project includes $1 million committed earlier for related engineering and design work. In addition, in 2005, the Province contributed $3 million towards the expansion of the airport’s terminal building.The Northern Development Initiative Trust (NDIT) and Western Economic Diversification Canada are also providing $11 million each towards the project. Established in 2004 with an initial investment of $135 million from the B.C.-CN Rail Partnership, the NDIT assists B.C.’s northern communities with economic development and diversification projects.
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Don QUIXOTE NOTE:
If the local Airport is ever looking to expand or relocate then it should remember that there is a Southern Interior B.C. trust called the Southern Interior Development Initiative Trust whose mission is is to support regionally strategic investments in economic development projects that will have long-lasting and measurable regional benefits for the Southern Interior. One of the 13 board of directors who decides on acceptable projects is Mayor Wayne Lippert of Vernon.
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