Final report - Integrated Land Management Bureau

Access to Credit and Capital
Indicator D9: Commercial loan levels.
Rationale: An increase in commercial credit accessed usually is associated with
economic activity in a region. It is currently not possible to obtain accurate data
on debt and equity expenditures by region as there are significant “leaks” in the
system e.g. gaining credit from outside the region through credit cards. Therefore,
only proxies are available for showing trends. There are obvious exceptions
including increased debt investment by an outside owner that lowers local
employment and increases profit leakage from the plan areas.
Data Source: Available data for proxies are as follows:
Total commercial loan information by Credit Unions in the North
Coast and the Central Coast is public information for all members.
This information is available annually.
Total commercial loan information by Community Futures
Development Corporations in the region is usually available by special
request to the CFDC North Coast and CFDC Cariboo Chilcotin. It is
recommended that an annual request through regional board members
and extension staff be done.
Total commercial loan information to the region by other focused
lenders, e.g. Peace Hills Trust, All Nations Trust or Tricorp may also
be available through special request.
Desired direction: Increased commercial loan levels.
Costs: Proxy estimate calculated by a regional economist with experience in the
region is estimated at 10 days at $500/day for the first year and 7 days for
subsequent years.
Indicator D10: Commercial equity investment.
Rationale: An increase in commercial equity capital invested usually is
associated with economic activity in a region. There are obvious exceptions
including increased equity investment by an outside owner that lowers local
employment and increases profit leakage from the region.
Data source: Data are not available on a regional or sub-regional basis. A proxy
calculation could be prepared based on coefficients from key industries based on
information obtained regarding loans debt (from above). In addition the major
projects inventory prepared by the Ministry of Economic Development by
Regional Districts could be used.
Desired direction: Increased commercial equity investment in the region.
Cost: Proxy estimate calculated by a regional economist with experience in the
region is estimated at 10 days at $500/day for the first year and 7 days for
subsequent years.
Access to Natural Capital for Communities
An increase in access to natural capital for communities can be measured through the
availability and management of natural resources by local communities, and an increase
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