An open letter to:
To Northern Gateway and other investors:
We, the Terrace and District Chamber of Commerce, “the voice of business”, are very concerned with the latest position of our City Council, as one of opposition to your project, we want to encourage all interests and investments in our part of beautiful BC.
It is our position that this decision was premature and as a Chamber, we support economic development as it underpins all of our social programs be it education, health or infrastructure.
We know that without business and industry, we don’t have employment, we don’t have tax revenue, and we won’t have the services we have come to expect from our governments - local, provincial or federal.
We appreciate the risks you assume in pursuing projects requiring massive injections of capital, all with no guarantees they will be approved or even profitable. This is our free enterprise system; this is capital markets at work. We also understand that capital does not require a passport…it goes where it is welcome, where it is appreciated and where opportunities abound.
Terrace has been without major development for many years now and the Terrace business community has struggled. We are encouraged by the recent investments that have been approved and look forward to many more projects coming to our area that will continue to build our economic landscape.
The Terrace and District Chamber of Commerce is taking a position of neutrality regarding the Northern Gateway Project as it is subject to the Joint Environmental Review process.
We want the objective panel of experts to assess the concerns of affected parties and contrast them with procedures and equipment being positioned to mitigate any and all perceived risks. It is important that all voices are heard and all questions are asked and answered.
During this process and while we each deliberate on our final decision on this project, we feel it is important that a dialogue continue between Northern Gateway and the Terrace business community. Terrace, as the service and supply hub for the Northwest, will welcome the opportunity to participate in your project if approved.
Sincerely,
Gordon Stamp-Vincent,
Acting President (1st Vice President)