The Province has provided the Bulkley-Nechako and Kitimat-Stikine regional districts with over $1.2 million in combined grants in lieu of property taxes, announced Bill Bennett, Minister of Community, Sport and Cultural Development.
As a result of a 15-year memorandum of understanding between the Province and the two local governments, the Bulkley-Nechako and Kitimat-Stikine regional districts are compensated for hosting the Alcan Kemano hydroelectric project.
This year, the Bulkley-Nechako Regional District received $739,410 and the Kitimat-Stikine Regional District received $492,940 in grants in lieu.
