Revelstoke conference looks at economics of poverty reduction

The economics of poverty reduction will be front and centre at a regional conference in Revelstoke this week.

Poverty reduction was the subject of a recent visit to Revelstoke by MLA Jackie Tegart (right).

The economics of poverty reduction will be front and centre at a regional economic conference in Revelstoke this week.

Revelstoke Community Futures is hosting the Columbia–Kootenay–Boundary Regional Community Economic Development Forum at the Hillcrest Hotel this Wednesday and Thursday, May 18–19.

The forum will feature several guest speakers and more than 50 people involved with economic development from around the region are expected to attend.

“We’re looking at poverty reduction as an economic issue as opposed to it being a social issue,” said Kevin Dorrius, the general manager of Community Futures Revelstoke. “That’s in line with a growing trend within business and economic development as a whole, which is the effect of economic development on social issues.”

The speakers list includes Mark Holmgren, the director of Vibrant Communities Canada for the Tamarack Institute. He will give a presentation at the forum on Wednesday morning about the socio-economic benefits of poverty reduction, and strategies of improving the financial and social situations of those living in poverty.

That evening, at 7 p.m., he will give a free talk at the community centre about success stories from around Canada on reducing poverty and the associated government costs of dealing with it.

Other speakers include Brian Smith, the executive director of Community Futures Sunshine Coast. He will talk about social finance and impact investing, fields that have the potential to support growth and developed for marginalized populations.

On Thursday, a team of researchers from UBC Okanagan will talk about their research into the impacts of implementing a living wage in Revelstoke. Later, Catherine Ludgate from the Vancity Credit Union, will talk about the experience of certified living wage employers.

Thursday’s session will conclude with a Revelstoke employer panel, where several local businesses, including Downie Timber, Universal Footwear and La Baguette, will talk about their strategies to fairly compensate their employees.

“There is a return of investment when you do invest in your staff and try to go beyond what the minimum standards are,” said Dorrius. “Why they do it and what return they do get.”

Dorrius said the conference is important because of the affordability issues in Revelstoke.

“The resort development has done great things for diversifying our economy and stimulating economic development, but its also driven the whole affordability issue around housing prices and so forth,” he said.

He hopes business owners and people in economic development will come away from the conference looking at wages in a different way.

“Wages and staffing has always been looked at as, ‘What I can afford to pay?’ as opposed to looking at what my people need to earn to be fully participatory in the community,” he said.

For more information about the conference, visit the Community Futures Revelstoke website.

 

Just Posted

Temporary Cold Weather Shelter in the works for Revelstoke

The Women’s Shelter Society, BC Housing and the city are working on making it happen

Black bear kills donkey in Revelstoke, put down by RCMP

Conservation Officer says once they attack livestock they are a danger to the public

Alberta woman dies in motorcycle accident in Revelstoke

RCMP say an SUV turned left in front of the motorcycle

High 30 for Revelstoke today

Roads and weather conditions

Balu Pass closed in Glacier National Park

The National Park is east of Revelstoke on Highway 1

VIDEO: Could we BE any more excited? ‘Friends’ fans go crazy for merch

Movie theatres will show select episodes to mark the NBC series’ 25th anniversary

Penticton man sentenced in non-fatal 2017 shooting

Elkena Michael Knauff sentenced to seven and a half months in jail

Bodies of two missing Surrey men found near Ashcroft

Ryan Provencher and Richard Scurr have been missing since July 17

Kamloops RCMP locate and arrest man who fled from police

The 22-year-old male was wanted in relation to a domestic violence investigation

Five hedgehogs quickly adopted after being left at BC SPCA

Lucky new owners picked up their pets from Maple Ridge branch on Aug. 20

COLUMN: Much to enjoy at Ryga Arts Festival

As I learn about George Ryga and his contributions, it is clear why this festival carries his name

Okanagan RCMP superintendent helps with arrest

Vernon Supt. Shawna Baher arrests man for theft; turns out to be suspect in assault and robbery

Kelowna man arrested after allegedly setting blaze near Fire Department

The man was allegedly seen lighting bushes on fire near the Kelowna Fire Department

Most Read