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Terrace: Industrial and tourism sectors keep hope alive in Northwest B.C.

Despite several axed LNG projects, the City of Terrace is putting its faith in a large-scale industrial park and tourism measures
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The city of Terrace in Northern B.C.’s Regional District of Kitimat-Stikine is home to close to 12,000 residents, with a census agglomeration population total of 15,723 in 2016. The city saw an impressive increase in commercial real estate permits in 2017 – up more than $8 million from 2016. Though the region has recently suffered the impact of axed LNG projects, expected to inject billions into the city’s construction, infrastructure and natural gas industries. Still, the city is putting its economic faith and dollars into industrial and tourism sectors. The Skeena Industrial Development Park is a 2400-acre, heavy-industrial joint venture between the City of Terrace and the Kitselas First Nation, identified as one of the city’s top priorities for economic development. The City is also working in conjunction with Kermodei Tourism and other organizations to facilitate increased tourist interest in the region. Terrace’s logging industry once led the city’s economy and employment interests, but in last two decades, retail and health care has surged ahead, thanks to expansions to Northwest Community College programs and Mills Memorial Hosptial.