Doig River Environmental is receiving a substantial repayable loan to develop a landfill facility near Fort St. John.
The $614,301.00 contribution will help the First Nations company create a $5 million, 32.5 hectare secure landfill facility.
The funding is part of an effort to support the most affected communities in central and northern BC, helping to reduce the impacts of the economic downturn. Projects that qualified for funding include support for the forestry industry, energy efficiency initiatives and health sector improvements. There were seven loans awarded, totaling $20 million.
The new landfill facility will address the environmental concerns held by the Doig River First Nations in the area regarding contaminated soil. It will also provide a cost effective solution to oil and gas producers operating in the area, create additional revenue for the Doig River First Nation and other local First Nations, and increase employment.
The project received environmental certification in 2008 and is expected to employ 20 individuals for the construction period, and then create five to eight new full-time jobs at the landfill. It will also support up to 20 new service contract jobs to deliver contaminated soil and monitor clean-up work plans.
Loans will be repaid over the next five years to Northern Development who will submit all repayments to Western Economic Diversification.
Other companies that received a loan include Del-Tech Manufacturing and Northwest Wood Preservers.