Chamber supports report focused on economic importance and risks of Fraser River
The Tri-Cities Chamber of Commerce supports today’s release of a research study regarding the economic importance of the Fraser River and the risks posed if senior levels of government do not address serious issues facing the Fraser.
The report titled The Economic Importance of the Lower Fraser River was released by the 13 Chambers of Commerce in the Lower Fraser River region, including the Tri-Cities Chamber, and principal author Dave Park, an independent economist and former Chief Economist for the Vancouver Board of Trade. It concludes that $50 billion in economic development along the banks of the river is at risk if the government does not take action.
“This report found that Fraser River communities such as Port Coquitlam and Coquitlam would face catastrophic economic impacts in the event of flooding, which is why we, along with our fellow Chambers and communities, are calling on all levels of government to support us in developing a collaborative strategy that will include the long term funding needed to deal with the significant risks to the Fraser River.” – Michael Hind, Executive Director, Tri-Cities Chamber
To bring greater awareness to the significant risks facing the Fraser River, the Lower Mainland Chambers will host a forum on October 16th at the Sheraton Vancouver Guildford Hotel in Surrey where we will further discuss the report’s findings and how best to take action. Senior elected official and staff from all levels of government will be invited, as will First Nations and representatives of major stakeholder organizations.
An online version of the full report can be found at: http://www.richmondchamber.ca/external/wcpages/wcwebcontent/webcontentpage.aspx?contentid=10641
The Tri-Cities Chamber of Commerce is a proactive network of business-minded individuals that are committed to acting as an accessible, visible, supportive and reciprocal resource to our members and the Tri-Cities at large, communicating their collective voice to help shape a prosperous business community.
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