Regional Benefits

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About Teck

Teck is a diversified natural resources company headquartered in Vancouver, B.C., engaged in mining and mineral development, including steelmaking coal, copper, zinc and energy. Over the last 100 years, Teck has evolved into one of the world’s leading mining companies. We are committed to responsible mining, productive community relationships, and inclusive development in the regions where we work. Teck’s operations and offices employed more than 10,000 people globally in 2019, including more than 8,400 people in Canada.

Teck operates four steelmaking coal mines in the Elk Valley. Our operations in the Elk Valley employed more than 4,000 people in 2019. We contribute to local economies through tax and royalty payments, direct and indirect employment, and community investments.


Regional Benefits for the Elk Valley

The Elk Valley is one of the largest steelmaking coal mining regions in the world, with decades of mining history. Teck has been helping to build healthy, vibrant communities in the region for many years. Teck’s steelmaking coal operations in the Elk Valley employs more than 4,000 people and many more indirectly. We are invested in the prosperity of the region, including a variety of regional initiatives that support the environmental and social wellbeing of the region and its residents.

The Castle Project will extend the life of Fording River Operations by several decades and therefore provides for continuing socio-economic benefits for local communities, Indigenous nations, and other local groups. Fording River Operations currently employs about 1,400 people, many of whom live in Elkford, Sparwood, and Fernie in B.C., and Crowsnest Pass in Alberta. It also accounted for a third of the $3.9 billion in economic contributions generated by Teck’s activities in the Elk Valley.

Economic Impact

Teck is the largest employer in the Elk Valley, and contributes to regional economies through direct employment opportunities, as well as spending on business contracts for goods and services. These contributions have a beneficial effect on the regional economy. Local hiring and procurement is one of Teck’s priorities, and this will continue with the Castle Project.

In 2019, Teck’s operations in the Elk Valley generated $3.9 billion in economic activity, including $940 million directly in the Elk Valley. This included employees’ wages and benefits, income and resource taxes, and payments to suppliers.






Some of the regional programs Teck has been involved in over recent years include the Elk Valley Economic Initiative and the conservation of land in the East Kootenays.

Elk Valley Economic Initiative

The Elk Valley Economic Initiative launched in 2014 with the goal of supporting business opportunities in the region, and increasing the number of full-time residents in the Elk Valley. This program supports opportunities and projects that contribute to regional business development and economic diversification. Teck is a member of the Initiative, partnering with the communities of Elkford, Fernie, Sparwood, and local Indigenous Peoples.

With our partners, Teck has identified priority areas to support regional economic development, including marketing for economic investment, addressing infrastructure gaps, business development and diversification, and developing and training the regional workforce. Some of the success of the Elk Valley Economic Initiative include streamlining regulations and reducing barriers to entry for businesses, and ensuring high quality broadband internet throughout the region.

To date, the Initiative has successfully helped to diversify the region’s economy. For example, tourism, construction, and manufacturing have seen significant increases, and employment in retail trade has more than tripled in the last decade.

From Teck’s perspective, we will benefit from a more diverse regional economy that makes the already excellent communities near our steelmaking coal operations even more desirable for individuals and families to live and work in. We are proud to be a member of the Elk Valley Economic Initiative and look forward to continuing our participation.

Conserving Land in the East Kootenays

Teck purchased over 7,000 hectares of private lands in the Elk Valley and Flathead River Valley. This marked one of the single largest private sector investments in land conservation in B.C.’s history. This conservation initiative protects the lands for wildlife and habitat conservation purposes, and provides important habitat for grizzly bears, wolverine, badger, elk, lynx, mountain goat, bighorn sheep, westslope cutthroat trout and bull trout.

Teck’s investment in land conservation is part of a collaborative initiative, in partnership with the Ktunaxa Nation, the Nature Conservancy of Canada, and others. The area is valued by local communities and also holds significant cultural value for members of the Ktunaxa Nation.


Our Values

Our values guide every decision we make as a company and as individual employees. They describe what is most important to us, and set the bar for how we behave in our interactions with society, with our business partners and with one another.





About Teck

Teck is a diversified natural resources company headquartered in Vancouver, B.C., engaged in mining and mineral development, including steelmaking coal, copper, zinc and energy. Over the last 100 years, Teck has evolved into one of the world’s leading mining companies. We are committed to responsible mining, productive community relationships, and inclusive development in the regions where we work. Teck’s operations and offices employed more than 10,000 people globally in 2019, including more than 8,400 people in Canada.

Teck operates four steelmaking coal mines in the Elk Valley. Our operations in the Elk Valley employed more than 4,000 people in 2019. We contribute to local economies through tax and royalty payments, direct and indirect employment, and community investments.


Regional Benefits for the Elk Valley

The Elk Valley is one of the largest steelmaking coal mining regions in the world, with decades of mining history. Teck has been helping to build healthy, vibrant communities in the region for many years. Teck’s steelmaking coal operations in the Elk Valley employs more than 4,000 people and many more indirectly. We are invested in the prosperity of the region, including a variety of regional initiatives that support the environmental and social wellbeing of the region and its residents.

The Castle Project will extend the life of Fording River Operations by several decades and therefore provides for continuing socio-economic benefits for local communities, Indigenous nations, and other local groups. Fording River Operations currently employs about 1,400 people, many of whom live in Elkford, Sparwood, and Fernie in B.C., and Crowsnest Pass in Alberta. It also accounted for a third of the $3.9 billion in economic contributions generated by Teck’s activities in the Elk Valley.

Economic Impact

Teck is the largest employer in the Elk Valley, and contributes to regional economies through direct employment opportunities, as well as spending on business contracts for goods and services. These contributions have a beneficial effect on the regional economy. Local hiring and procurement is one of Teck’s priorities, and this will continue with the Castle Project.

In 2019, Teck’s operations in the Elk Valley generated $3.9 billion in economic activity, including $940 million directly in the Elk Valley. This included employees’ wages and benefits, income and resource taxes, and payments to suppliers.






Some of the regional programs Teck has been involved in over recent years include the Elk Valley Economic Initiative and the conservation of land in the East Kootenays.

Elk Valley Economic Initiative

The Elk Valley Economic Initiative launched in 2014 with the goal of supporting business opportunities in the region, and increasing the number of full-time residents in the Elk Valley. This program supports opportunities and projects that contribute to regional business development and economic diversification. Teck is a member of the Initiative, partnering with the communities of Elkford, Fernie, Sparwood, and local Indigenous Peoples.

With our partners, Teck has identified priority areas to support regional economic development, including marketing for economic investment, addressing infrastructure gaps, business development and diversification, and developing and training the regional workforce. Some of the success of the Elk Valley Economic Initiative include streamlining regulations and reducing barriers to entry for businesses, and ensuring high quality broadband internet throughout the region.

To date, the Initiative has successfully helped to diversify the region’s economy. For example, tourism, construction, and manufacturing have seen significant increases, and employment in retail trade has more than tripled in the last decade.

From Teck’s perspective, we will benefit from a more diverse regional economy that makes the already excellent communities near our steelmaking coal operations even more desirable for individuals and families to live and work in. We are proud to be a member of the Elk Valley Economic Initiative and look forward to continuing our participation.

Conserving Land in the East Kootenays

Teck purchased over 7,000 hectares of private lands in the Elk Valley and Flathead River Valley. This marked one of the single largest private sector investments in land conservation in B.C.’s history. This conservation initiative protects the lands for wildlife and habitat conservation purposes, and provides important habitat for grizzly bears, wolverine, badger, elk, lynx, mountain goat, bighorn sheep, westslope cutthroat trout and bull trout.

Teck’s investment in land conservation is part of a collaborative initiative, in partnership with the Ktunaxa Nation, the Nature Conservancy of Canada, and others. The area is valued by local communities and also holds significant cultural value for members of the Ktunaxa Nation.


Our Values

Our values guide every decision we make as a company and as individual employees. They describe what is most important to us, and set the bar for how we behave in our interactions with society, with our business partners and with one another.