Teck Receives Regulatory Approval for Sale of Steelmaking Coal Business

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced that the sale of its remaining 77% interest in the steelmaking coal business, Elk Valley Resources (“EVR”), to Glencore plc (“Glencore”) has now received all necessary regulatory approvals. The transaction is now expected to close on July 11. Teck expects to receive total cash proceeds of US$6.9 billion (CAD $9.5 billion)1 from the sale of the 77% interest in EVR, excluding closing adjustments. “We are pleased that we will achieve a complete separation of the metals and steelmaking coal businesses to position Teck for its next phase of growth and responsible value creation,” said Sheila Murray, Chair of the Board. “We are confident that our leadership team is executing the right strategy […]

Investing locally theme of Skills Centre community impact

Working with local companies and investing in local people is a common theme in the Skills Centre’s 2024 Community Impact Report. From the Trail and area companies working on the Skills Centre’s major renovation of its new building, to new training programs that partner with local businesses and serve area residents, to a focus on poverty […]

Pass Creek logger wants better forestry: a Living Here Magazine feature

By Anna Dulisse As a logger and third-generation caretaker for his acreage near Castlegar, Quintin Sperling has carried on the legacy of working hard, by spending his life in the forests both on and off his family’s land. “I’m a certified faller and in B.C. I’ve done practically everything related to timber harvesting, logging, road […]

Minimum wage in BC bumps up to $17.40 an hour

Saturday, June 1, 2024, the general minimum wage increased from $16.75 to $17.40 an hour. The BC Government said that the 3.9% increase also applies to minimum-wage rates for resident caretakers, live-in home-support workers and live-in camp leaders. The increase will help approximately 240,000 workers who currently earn less than $17.40 per hour. On Dec. […]

New, sustainable manufacturing jobs coming to Castlegar

The Province is supporting the development of a new mass-timber production facility that will create 90 sustainable, local forestry jobs in Castlegar and continue to grow to position B.C. at the forefront of this emerging wood-manufacturing and housing-construction sector. “We’re taking action to increase the available supply of housing that’s needed throughout B.C. by partnering […]

Columbia Basin Trust fills vacant positions on board

Suzan Hewat is joining the Board of Directors of Columbia Basin Trust, becoming part of the 12-member Board which helps ensure that the organization continues to support the efforts of the people in the Columbia Basin. “I’d like to welcome Suzan, who, with fellow new members Angus, Karen and Christine, will be part of a Board […]

Interfor Announces Lumber Production Curtailments Across All Regions of North America

Interfor today announced plans to reduce its lumber production by approximately 175 million board feet between May and September of 2024, representing just under 10% of its normal operating stance. The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured […]

RDCK Local Conservation Fund helping support local water, wildlife and habitat

Submitted by Kootenay Conservation Program Eight important conservation projects were approved last month by Regional District of Central Kootenay (RDCK) Directors to receive funding from the RDCK Local Conservation Fund (RDCK LCF) in 2024. A local government service, the Local Conservation Fund provides dedicated funding to valuable conservation projects in Electoral Areas A, D, E, […]

Outdoor Recreation Council of BC Launches New Grant Program to Support Outdoor Initiatives Across the Province

There’s a significant milestone for outdoor enthusiasts across British Columbia as the Outdoor Recreation Council of BC (ORCBC) unveils the launch of the Outdoor Recreation Fund of BC grant program. This initiative is designed to empower communities and volunteer organizations in their efforts to enhance outdoor recreation opportunities and stewardship across the province. As a leading advocate for […]

Study finds battery hub feasible for BC's Southern Interior

The federal government’s plan to phase out gas and diesel passenger vehicles by 2035 requires the Canadian economy to shift, with battery recycling at the forefront in the Lower Columbia region of BC’s Southern Interior. Economic development agency Lower Columbia Initiatives Corporation (LCIC) is leading the charge by investigating ways to further augment the region’s […]