Energy & Power
BC Hydro establishes $800,000 fund for non-profits in Peace Region
By Renée Francoeur
September 14, 2016 – BC Hydro has ushered in an $800,000 fund to support Peace Region non-profit organizations, the Generate Opportunities (GO) Fund, which will be distributed over an 8-year period to organizations that provide services to vulnerable populations including children, families and seniors.
“We recognize the important role that non-profit organizations play in providing programs and services to the community,” said Jessica McDonald, CEO of BC Hydro. “We’re really pleased to establish the BC Hydro GO Fund to support Peace Region communities during construction of the Site C project.”
The funding—which meets a condition of environmental approval for the Site C project—is targeted to the communities of Fort St. John, Hudson’s Hope, Taylor, Chetwynd and residents of the Peace River Regional District in electoral areas B, C and E.
BC Hydro has also established a 10-person regional decision-making committee with two appointees from each of the communities and rural areas. The committee will be responsible for reviewing applications and making all funding approval decisions.
The BC Hydro GO Fund will be administered by Northern Development Initiative Trust on behalf of BC Hydro.
Site C is a hydro dam and generating station under construction in northeast B.C.
For more on our Site C reporting, click HERE.