Measuring Progress Beyond GDP: What is a Well-being Economy?

  GDP is often pointed to when discussing the well-being of society, but this metric fails to explain what does not have a dollar value behind it: society extends far beyond what is merely produced and consumed. Many cities, including Nanaimo, are shifting their perspective away from a GDP-focused framework…. Read more

British Columbia’s Most Local Beer

Aside from the wild barley currently growing alongside Millstream River, Longwood Brewery sources all of its ingredients for several beers within a 100-mile radius. The Tyee – an independent, online news magazine from BC – embarked on a project to see how closely British Columbian breweries sourced their ingredients. After… Read more

Roadblock to Revitalization Removed from Nanaimo’s Downtown Core

Have you ever wondered why Nanaimo’s Downtown has struggled to revitalize? A stretch of Nanaimo’s downtown called the Terminal Corridor, or as Caleb McIntyre dubs it the “Terminal Trench”, sits over tonnes of coal tailings—a remnant of Nanaimo’s industrial past.  As a result, Nanaimo’s downtown existed in somewhat of a… Read more

First Nation Investments Benefit Local Economy

Petroglyph Development Group (PDG), a wholly owned corporation of the Snuneymuxw First Nation (SFN), is helping to spur the Nanaimo economy with investments in key projects that have been long on the drawing board for this gateway community. After plans spanning more than a decade to open a hotel next… Read more

Canada’s Largest Ghost Gear Recovery Project

SEAMOR Marine Ltd. was proud to provide a custom ROV to CERMIM – Centre de recherche sur les milieux insulaires et maritimes, who removed 73 football fields’ worth of rope and 50 ‘ghost’ crab traps in Canada’s largest ghost gear recovery operation. Often dubbed “ghost fishing gear”, fishing equipment like… Read more

New CEO Appointed

Exciting News!  We are thrilled to announce the appointment of Colin Stansfield as the inaugural CEO of Nanaimo Prosperity Corporation!  Colin comes to us with an impressive background, having served as the Executive Director of the Sunshine Coast Regional Economic Development Organization since 2019. His leadership skills and innovative mindset… Read more