ICE-T to include First Nations

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The Island Coastal Economic Trust (ICE-T) is expanding to include First Nations.

The Trust was started by the BC Government in 2005 with $50 million in seed money to strategically invest in economic diversification across Vancouver Island and the Sunshine Coast.

ACRD chair, Huu-ay-aht Chief Councillor and ICE-T vice chair John Jack said including First Nations in area economic development is vital.

“We have buy-in from all First Nations that we’ve spoken to,” he said. “There’s a broad level of support, not only with indigenous communities, but with local governments as well and so we feel this the right time to not only expand our investment in the Island Coastal Economic Trust, which is important, but also expand the governance of the trust to allow for First Nations direct input.”

This year, ICE-T has invested $2.1 million to spark $22.9 million in major projects.

In Port Alberni, they recently invested $30,000 towards redevelopment of Clutesi Haven Marina with investment from the City, Tseshaht and Hupačasath First Nations.

This year they approved $50,000 towards the Old Growth Trail in Bamfield and $200,000 towards the Clayoquot Sound Bisphere Centre in Tofino.

Photo: Tla-o-qui-aht master carver Joe Martin mentors new Nuu-chah-nulth carvers at the Naa’Waya’Sum Gardens in Tofino. Photo courtesy ICE-T