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Economy and Businesses of Ashcroft
The Village of Ashcroft, 'The Heart of Gold Country', has an economy that is categorized by large primary industry as a driver, with diversifying industry in the secondary and tertiary sector.
Primary Industrial Businesses in Ashcroft
Primary industries in Ashcroft are mineral extraction and agriculture. Primary industrial businesses that are located within a short distance of Ashcroft include;
As can be seen, Ashcroft acts as a residential base for many industrial businesses in the area, providing services to their employees.
Secondary industry is a major employer in Ashcroft, mostly from the Ashcroft Treating Plant, a custom wood treating operation, which is adjacent to the Village's boundary. Ashcroft Treating was recently purchased by Koopers Inc. It is a major employer in the Ashcroft area. See Koopers
website for more details.
Tertiary industry is growing in Ashcroft with the development of Ashcroft Terminal
's transportation capabilities. Ashcroft Terminal is an inland railcar transloading facility that is specifically located to where it can service both railway companies (Canadian Pacific and Canadian National) on its property. It consists of 320 acres of industrially zoned land and 350 acres of 'Buffer Land,' providing an opportunity for railcar storage, transloading for multimodal transportation, and handling of bulk goods. It is also located close to the TransCanada Route 1. For more information, please watch the video below.Tourism
Tourism is an economic focus of Ashcroft, where it promotes its historical buildings, legacy as the start of the gold rush trail, and climate as a place where 'Wellness Awaits.' Ashcroft is part of the tourism society 'Gold Country Tourism,' which promotes the area as a tourism hot spot.
The TNRD Film Commission is responsible for various projects within the region. Information available here
Ashcroft is the service center for many communities including Lytton, Clinton, Spences Bridge and Cache Creek. Within its boundaries it has an RCMP detachment and medical center that services most of the 4000 residents of Ashcroft, Cache Creek and the TNRD Area I. The current municipal infrastructure, which includes a modern sewage and water system, is capable of serving more than double the current population of 1650 that makes Ashcroft home. There is a combined elementary and secondary school in Ashcroft, with some post-secondary activities, and a large collection of community groups. Local statistics and information can be found in the community profile