The B.C. government is enhancing its support for workers and communities impacted by U.S. tariffs through two new initiatives.
Build Your Own Future (BYOF), initially focused on forestry workers, will now support individuals across all industries affected by tariffs. This program offers a five-day business bootcamp, mentorship, and a $5,000 grant to help workers transition into entrepreneurship. The program, which has already helped many participants start successful businesses, is funded by a $2.95 million investment and is delivered by the Northern Innovation Network.
Minister of Social Development and Poverty Reduction, Sheila Malcolmson, emphasized that the government is committed to helping workers rebuild by investing in their futures through new skills and opportunities.
“Whether it’s supporting career training or helping communities adapt to changing economic conditions, we are focused on putting people first,” said Minister Malcolmson.
Additionally, a new $5-million Rural and Remote Employment Initiatives Fund (RREIF) will support northern and remote communities affected by tariffs. Delivered by the Northern Development Initiative Trust (NDIT), this fund will support labour-market studies to help communities understand local employment needs and develop strategies for long-term economic resilience. It will also offer business advisory services to help organizations diversify and explore new opportunities.
Ben Campbell, CEO of NDIT, highlighted that this initiative will give local governments the tools they need to address economic challenges and ensure businesses can thrive in changing circumstances.
The RREIF will be launched in phases, starting this fall, with two funding streams: the Labour Market Research Plans and Business Advisory Supports, which will assist communities and businesses in responding to the impact of tariffs.
Both initiatives align with broader efforts by the Province and the Government of Canada to provide targeted support to workers and communities affected by tariffs. These programs are funded through the Canada-British Columbia Labour Market Development Agreement.
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