APPLICATION OF ECOLOGICAL ACCOUNTING PROCESS (EAP) TO MILLSTONE RIVER IN NANAIMO REGION: “Accounting for our region’s natural assets is part of responsible asset management that includes ecological systems as well as physical infrastructure. This report has given the RDN, as well as the City of Nanaimo, further insight as we develop our existing framework for the protection and enhancement of our important natural features in our communities, including stream corridors,” stated Chair Tyler Brown when he commented on how the EAP outcomes would inform the RDN’s Corporate Asset Management Planning (April 2021)
The Millstone project provided the RDN, the City of Nanaimo and local stewardship group Island Waters Fly Fishers with the opportunity to get a real measure that accounts for the value and worth of the Millstone River stream corridor in asset management planning. The Millstone River EAP project has provided the RDN with a path forward so that it could account for and operationalize maintenance and management of stream corridor systems across the region. This would be done under the umbrella of its Corporate Asset Management Plan. This would be a BC-first.