Local leaders and community members gathered to discuss the economic future of 100 Mile House following the closure of its mills. The "Beyond the Noise" meeting, organized by eXp Realty, aimed to provide insights into job opportunities, housing, and the overall economic landscape, fostering a proactive approach to diversification and growth.
Key Takeaways
- Diversified Economy: 100 Mile House is seen as more diversified than other communities that have faced similar mill closures, offering a stronger foundation for recovery.
- Industry Hope: The local timber frame and log home industries, along with tourism, show promise for future growth.
- Government Support: Provincial representatives are actively engaging with ministers and the Premier to secure support and explore new development opportunities.
- New Initiatives: The Cariboo Regional District is launching a new website to attract residents and businesses, while investing in critical infrastructure.
- Real Estate Outlook: While the market is cautious, the long-term appeal of 100 Mile House for lifestyle and affordability remains strong.
Exploring New Horizons
Cariboo Chilcotin MLA Lorne Doerkson highlighted the ongoing efforts to support the community, emphasizing continued dialogue with provincial ministries and the Premier. He pointed to the resilience of the timber frame and log home sectors, with companies like Pioneer Log Homes and Sitka Log Homes reporting strong business. The South Cariboo’s tourism industry, particularly the Fishing Highway 24 Tourist Association, is also actively promoting the region.
Doerkson also mentioned potential projects at the former Norbord OSB plant, including discussions around a possible pellet plant, though challenges with CN Rail logistics are being navigated. The Spelqweqs Development Corporation, the business arm of the Tsq̓éscen̓ First Nation, is reportedly exploring new ventures that could benefit the area.
Local Leadership and Development
Mayor Maureen Pinkney, alongside Cariboo Regional District directors Margo Wagner and Al Richmond, and South Cariboo Chamber of Commerce president Jamie Gauvin, shared updates on local economic initiatives. A new website, "Cariboo, It’s True," is set to launch in April, designed to help businesses promote the region and encourage new residents. Infrastructure investments are also planned, including significant upgrades to water and sewer systems in 100 Mile House and 108 Mile Ranch.
Mayor Pinkney stressed the importance of securing a new operator for the CN Rail line, noting that several small rail haulers are bidding with a focus on supporting local businesses. Promising commercial development is also underway at the 101 site, near the Co-Op Gas Station.
Community Resilience and Future Prospects
Discussions also touched upon the importance of community collaboration and mutual support among local businesses. The influx of new families and entrepreneurs, drawn by affordability and lifestyle, is a positive sign. Real estate professionals noted a shift towards more cautious buying behavior after the pandemic boom, but emphasized that 100 Mile House remains an attractive long-term destination.
Financial advisors offered guidance on managing personal finances during uncertain economic times, encouraging residents to focus on controllable aspects and seek professional advice. The overall sentiment from the meeting was one of cautious optimism, with a strong belief in the community's ability to adapt and thrive through diversification and collaborative efforts.
