A three-way partnership that would see the sale of property in surplus to the NorskeCanada Powell River Division mi…
A three-way partnership that would see the sale of property in surplus to the NorskeCanada Powell River Division mill, is in the works.
Drawing on the efforts of the Sliammon Development Corporation, the Corporation of the District of Powell River and NorskeCanada Powell River Division, the venture has established the goal of regional economic diversification and capacity building.
The deal is developing alongside a cooperation protocol between the Tia’Amin First Nation (Sliammon) and NorskeCanada in an effort to see the two sides commit to a sustainable relationship based on mutual respect for culture, history, interests and operations. Through the protocol, both parties have agreed to undertake a project designed to honour Tees Kwat, the current site of the NorskeCanada Powell River Division, as the original village site of the TIa’Amin people.
The joint venture includes plans for a marine industrial park, residential waterfront development, a section for selective logging and a recreational park. Any property left over will be held in inventory for future sale and development.
All of the details surrounding the venture are yet to be hammered out, however, both parties have been meeting since April with regard to the transaction.
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