Media Contacts

Ministry of Jobs, Economic Development and Innovation

Media Relations
250 883-2068

Backgrounders

What to know about REDIP and BCMJF

REDIP:

  • Communities can receive REDIP funding through three streams:
    • Economic diversification – Projects that plan or implement programs, services and infrastructure to support economic development and diversification in communities with populations of 25,000 or less (maximum funding: $1 million).
    • Economic capacity – Projects that build local capacity and improve the ability to support economic development and diversification in communities with populations of 2,500 or fewer (maximum funding: $100,000).
    • Forest impact transition – Projects that support economic recovery and diversification in affected forest-dependent communities (maximum funding: $500,000).

BCMJF:

  • The BCMJF supports high-value industrial and manufacturing capital projects in all sectors that will create and protect well-paying jobs.
  • The BCMJF has committed as much as $91.3 million to B.C.’s manufacturing sector, supporting 81 organizations to expand and grow.
  • Funds committed to date through BCMJF will help create more than 1,100 jobs and protect nearly 2,000 existing manufacturing jobs in B.C., of which 2,500 are in the forestry sector.