The Elk Valley is known for its high grade, metallurgical coal. The Valley boasts significant reserves, a long mining history, well established and efficient logistics, and a cost of production that is very competitive on the world stage.
Elk Valley Regional Economic Opportunity Analysis & Growth Sector Identification study was an initiative of the Elk Valley Regional Economic Development Committee, which is an emerging partnership of local governments, First Nations and the private sector that is working to collaboratively pursue beneficial economic development in the Elk Valley of southeastern British Columbia.
The key outcome of the study is a list of the highest-potential investment attraction opportunities for the Elk Valley. The results are based on statistical analysis of the regional economy, a review of previous studies in the region, a pair of Economic Opportunities Workshops conducted in Sparwood and Fernie in February 2013, and the application of a detailed evaluation framework that rates the potential of each opportunity.