Vancouver skyline
VANCOUVER – The city of Vancouver has signed a deal with the company building the Olympic village that will see the project providing 100 jobs to inner city residents.
The deal involving Millennium Southeast False Creek Properties and the Building Opportunities with Business Inner-city Society also includes the provision that $15 million will be spent at inner city businesses.
The city says in a news release that it’s continuing its work toward achieving economic revitalization without displacement in Vancouver’s inner city neighbourhoods.
Mayor Sam Sullivan says the agreement exemplifies the commitment to use the 2010 Winter Olympic and Paralympic Games as a catalyst to address the social challenges the community faces.
He says the deal will help ensure that inner city residents benefit from Vancouver’s role as host city for the Games.
The agreement also includes $750,000 in funding to cover the cost of pre-employment and construction skills development training, the provision of job coaches and employment retention support.
Source: Inner city to benefit from village project
