Welcome to Island Coastal Economic Trust

The $50 million Island Coastal Economic Trust was created by the Government of British Columbia in 2006 under the North Island-Coast Development Initiative Trust Act  to help grow and diversify the economies of central and northern Vancouver Island and the Sunshine Coast.

ICET uses its funds to leverage partnerships, investments and opportunities for Island and Coastal communities, non profit societies, First Nations, and other organizations.

ICET also makes strategic investments in targeted sectors to spark new and sustainable regional economic growth and jobs.   These sectors include:

  • Forestry
  • Transportation
  • Tourism
  • Mining
  • Economic Development
  • Energy
  • Agriculture (includes Aquaculture)