Coast Salish Development Corporation
***News*** Stz'uminus First Nation sign land control deal. On April 13, 2012 Stz’uminus First Nation signed the official paperwork to opt out of land-related rules under the Indian Act gaining control over their own resources... Click here for more information.
***News*** Stz'uminus First Nation received its first payment as result from its investment in the liquefied natural gas facility in March 2012. With the FortisBC partnership... Click here for more information.
***News*** Power in Numbers On March 23, 2012 the Stz’uminus First Nation and CSDC hosted an inaugural ‘Power in Numbers Gathering’ to explore and encourage opportunities for partnership and revenue... Click here for more information.
Coast Salish Development Corporation (CSDC) is a Canadian corporation headquartered in Ladysmith, British Columbia. CSDC is the economic development agency of the Stz'uminus (Chemainus) First Nation. With a land base of more than 1,200 hectares, 11 kilometres of waterfront, and sizeable forestry and aquaculture holdings, CSDC offers attractive investment and partnership opportunities on Vancouver Island. The corporation's mandate is to build a $100 million local economy over the next 20 years. Our commitment to the environment extends throughout the Coast Salish group of companies. From water, land and air we are committed to supporting community growth, sustainability and environmental protection.
CSDC is responsible for managing and steering this growth through economic planning, developing major partnerships and joint ventures, building business relationships with the business community and other First Nations, negotiating partnership arrangements with the Crown and potential private sector partners, marketing, financing, and overseeing the activities of subsidiary businesses.
You may be surprised by our achievements:
Read the CSDC Business Overview - Vision 2020 to learn about the innovative steps we're taking to bring development and partnerships to both "on and off Reserve" land.
Coast Salish Management
CSDC is governed by a board of directors that reports to the Stz'uminus Band Council. This corporate style of governance reflects the Band's commitment to professional management of its economic development and fiduciary oversight of its investments. Click to download the CSDC Organizational Chart
Economic development at CSDC is organized by the market opportunities and asset mix of the Stz'uminus economic development portfolio. This includes:
- Deer Point Developments Ltd. Having prime development land along the Trans Canada Highway, as well as highly desirable ocean front property, CSDC operates a commercial construction company to meet development needs both on and off Reserve for residential, commercial construction, road construction, and infrastructure projects. Click here for Deer Point Developments Ltd.
- Ivy Green Petroleum Services Ltd. CSDC operates a profitable fuel and retail service centre at the Four Corners on the Trans Canada Highway, just north of Ladysmith, BC. The facility has become an important and convenient stop for both locals and tourists. Click here for Ivy Green Petroleum Ltd.
- Thuy'she'num Property Management Ltd. CSDC's extensive range of business activities requires professional administration of its various holdings. The property management unit provides these services as well as oversees current revenue streams in transit advertising, rents, and related fees. The unit also provides property management services that will grow to match economic development projects. Managing its land resources through planning and development is its primary function. Click here for Thuy'she'num Property Management Ltd.
- Thuthiqut Resources Ltd. CSDC has more than 1600 hundred hectares of woodlot under management control including over 90% of west coast forest of Douglas Fir, the most profitable species in B.C. forests. CSDC's profitable forestry subsidiary is now expanding through increase of its existing wood lot area, community partnerships, and joint management opportunities with other First Nations and area land owners. Click here for Thuthiqut Resources Ltd.
- CSDC Aquaculture Resources Ltd. As holder of several fishery licences for shellfish and finfish, the Stz'uminus possesses the capacity to become one of the largest aquaculture businesses on Vancouver Island through CSDC's aquaculture subsidiary. CSDC has been aggressively pursuing an aquaculture license for harvesting geoduck; a prime opportunity. Increasing demand for sustainably managed fish products creates tremendous growth opportunities for this business. Click here for CSDC Aquaculture Resources Ltd.
