Regional Pilot Communities in the North Coast
Bordering the Pacific Ocean, the North Coast region covers the northern coastal areas of the province as well as the islands of Haida Gwaii. The spectacular forests, majestic mountains and rugged coastlines makes this area popular with those who enjoy spending time outdoors. It is home to many species of wildlife, including grizzly bears, wolves, eagles and whales. The Kermode bear, a rare cream-coloured Black Bear, is found in some areas along the coast. People choose to live here for its pristine wilderness, easy access to outdoor pursuits, relaxed lifestyle and growing economy.
Participating communities in the North Coast region:
The North Coast’s economy includes forestry and logging with support activities, transportation and warehousing, health care and social assistance, construction, and retail trade.
Terrace would like to encourage value-added manufacturing and industrial service enterprises that will create meaningful, long-term employment for residents. Terrace is also looking for businesses that will develop infrastructure, technology, and products that contribute to new ways of processing natural resources in environmentally friendly ways.
As a regional hub for Northwestern B.C., Terrace is home to a variety of business development supports. Recently, several local business agencies formed a collaborative partnership that focuses on community-wide initiatives. They support economic development by lowering barriers, educating about existing supports for businesses, and advocating for new supports.
Terrace is home to diverse residents, plentiful education facilities, an increasing number of young families, and some of the best outdoor adventures in the province. The outdoor lifestyle and cultural services in Terrace maintain its character and community.
Over the next five years, Terrace is expecting rapid population growth due to its new hospital development, industrial park, regional oil and gas projects, and port development in Prince Rupert. As an established and growing gateway for regional economic activity, Terrace anticipates strong demand for new businesses to support and accelerate that growth.
3123 - Cannabis product manufacturing
2131 - Support activities for mining, and oil and gas extraction
321 - Wood product manufacturing