First nation leads Northwest economic revival - Vancouver Sun

First nation leads Northwest economic revival
An isolated first nation on the northern British Columbia coast is emerging as a new economic powerhouse leading the rebirth of the Northwest's forest industry.

There are no roads to the village of Lax Kw'alaams and most British Columbians would be hard-pressed to find it on a map.

But in the last decade, this village, 30 kilometres by boat north of Prince Rupert, has levered its own forest resources to build a solid financial balance sheet and focus on building a northwestern empire of wood with a global reach. From the verge of bankruptcy, it has transformed itself into an economic engine for the region; its logging operations are pumping millions of dollars into the economies of Prince Rupert and Terrace.

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