Fair share agreements are paying off, but not for Prince George

The province recently committed $250 million to 21 northern B.C. communities

Is Prince George getting its fair share when it comes to provincial funding for the community’s vital infrastructure?

First announced in February of 2024, the RBA will see $250 million pumped into the communities over the next five years. However, the municipalities receive little in return, as the projects exist primarily outside their borders and do not contribute to their tax base. Under the PRA, when signatories meet requirements, the province will provide annual payments to the eight Peace River local governments to a maximum combined total of $50 million per year . Payments to individual local governments are determined by an allocation formula included in the PRA that’s calculated and certified by the Peace River Regional District.

Brienen says the background work included studies on industry, exports, ongoing projects and rail transport in an effort to provide a sense of what the northern economy does.

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