Wednesday, March 30, 2011

Major Projects Inventory - Cariboo-Chilcotin Area

Every quarter (every 3 months) - the BC Ministry of Finance publishes a "Major Projects Inventory - Capital" in the Province of BC worth $15 million or more in rural areas or $20 million or more in the Metro Vancouver area.  You can find the latest report here

Some of the major capital projects (proposed/underway), as at December 31st, 2010, in the Cariboo-Chilcotin are:

Proposed - 100 Mile House:

Project Name - 100 Mile Bioenergy Project
(Project part of Sept 2010 BC Hydro Community-based BioMass Power Call)
Proponent: Ainsworth Energy Co Ltd
Estimated Cost: $45 million
Start of Project: Unknown
Project Completion: Unknown

Project Name - Hills Health Ranch Expansion
Proponent: Hills Health and Guest Ranch Ltd
Estimated Cost: $40 million
Start of Project: 2011
Project Completion: 2020
Comments: Site Work underway, Planned Expansion to 108 Mile Ranch Health Facility, also plans for 250 housing units, and village with health and wellness services

Proposed - Hanceville:

Project Name - Tsilhqot'in Power Project
Proponent: Tsilhqot'in Power Corp/Western Biomass Corp
Estimated Cost: $200 million
Start of Project: Unknown
Project Completion: Unknown

Proposed - Williams Lake:

Project Name: Prosperity Gold/Copper Project
Proponent: Taseko Mines (http://www.tasekomines.com/tko/Prosperity.asp?ReportID=350359)
Estimated Cost: $815 million
Start of Project: Unknown
Project Completion: Unknown
Comments - Project failed to receive federal approval in November 2010.  Proponent currently in process to re-submit revised project with Ottawa

Proposed - Quesnel:

Project Name - Cariboo Pulp & Paper Upgrades
Proponent - Cariboo Pulp & Paper Co
Esimated Cost: $42 million
Start of Project: Unknown
Project Completion: Unknown
Comments: $41.5 million for this project from Ottawa's "Pulp and Paper Green Transformation Fund"

Project Name - Commercial Bio-Refinery
Proponent: Pure Power Global Ltd/City of Quesnel
Estimated Cost: $18 million
Start of Project: Spring 2011
Project Completion: End of 2011
Comments: Project to receive $880,000 from Province of BC's Innovative Clean Energy or ICE Fund

Project Name - North Cariboo Multi-Center
Proponent: Cariboo Regional District/City of Quesnel
(See more at http://www.quesnel.ca/MultiCentre.html)
Estimated Cost: $26 million
Start of Project: Unknown
Project Completion: Unknown
Comments - Project referendum of $15 million taxpayers' support for project secured.  Currently securing funding for this project from Victoria/Ottawa

Project Name - Australian Creek Coal Mine
Proponent: West Hawk Development Corp (http://www.westhawkdevelopment.com)
Estimated Cost: $100 million
Start of Project: Unknown
Project Completion: Unknown

Project Name - Bonanza Ledge Zone
Proponent: Barkerville Gold Mines Ltd
Estimated Cost: $60 million
Start of Project: Unknown
Project Completion: Unknown

Projects Underway - Cariboo-Chilcotin Region:

Project Name: Cariboo Connector
Proponent: Province of BC
Estimated Cost: $241 million
Start of Project: June of 2005
Project Completion: End of 2011
Comments - Funding for this Project comes from various Ottawa sources including:

* Asia-Pacific Gateway and Corridor Initiative
* Building Canada Plan
* Infrastructure Stimulus Fund

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