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Feds invest $245K to grow Homalco First Nation’s forestry business

The federal government is investing $245,000 in Homalco First Nation to help grow Homalco Forestry Initiatives, a business that provides forest management and timber harvesting in the community’s traditional territory in Campbell River, B.C.

The funds will help Homalco Forestry Initiatives with communications and strategic planning, tenure management, contract logging and business planning to increase employment and revenue in the community.

“We are excited to strengthen Homalco’s position in forestry and right size our logging company. We are looking forward to working with industry stakeholders to increase our tenure, which ultimately provides our Nation with sustainable revenues to ensure Homalco stays competitive in the industry,” said Darren Blaney, chief of Homalco First Nation.

Funding comes through Natural Resources Canada’s Indigenous Forestry Initiative (IFI) program.