Long-Term Stability for the Grist Mill

Mathieson Heritage Services, stewards of the Grist Mill and Gardens Provincial Heritage Site since 2013, has accepted a ten-year lease of the site with the Province of BC effective immediately.

As part of the lease arrangement, “Mathieson Heritage Services” will turn into “Grist Mill CCC”, a new Community Contribution Corporation (C3). [Details here.]

“We’re thrilled to finally have the security that comes with holding long-term tenure on the site,” says Chris Mathieson, founder of Mathieson Heritage Services. “We’re also excited to be leading the way with our new business model, and to be the first C3 to receive tenure on Crown Land in the Province of BC.”

A C3 is for-profit company that is restricted –by recent changes to the BC Business Corporations Act– in many of same ways non-profits and charities are and, most importantly, provides a real benefit to the community.

“We are delighted to have been entrusted with this gem of the Similkameen Valley,” says Chris Mathieson, “and look forward to continuing to make the Grist Mill and Gardens the destination for tourism, community building and appreciation of our exceptional shared heritage.”

Quick Facts:

The Grist Mill at Keremeos, founded in 1877 as a water-powered flour mill, was designated as a Provincial Heritage Site in 1974. It is the only working waterwheel-powered flour mill in Western Canada.

Learn More:

Community Contribution Corporations (C3): http://www.oldgristmill.ca/blog/what-is-a-c3/

Canadian Register of Historic Places: http://www.historicplaces.ca/en/rep-reg/place-lieu.aspx?id=1674&pid=0

Grist Mill and Gardens at Keremeos:  http://www.oldgristmill.ca/

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