On behalf of the residents of Burns Lake and the Lakes District, I am pleased to tell you about our community and strongly encourage companies and businesses to invest and explore opportunities in our region. Burns Lake is a diverse community with numerous prosperous business opportunities, industrial activities, and supporting business amenities. We have a strong and proud history of entrepreneurship, with expertise and business clusters in the forest products and related industries. We are surrounded with a wealth of natural resources, beautiful outdoor scenery, exciting recreational activities and events, and we pride our unique and diverse First Nations culture.
The Village of Burns Lake is open for business and our Council is committed to supporting economic development in the community. The municipality works closely with the Regional District of Bulkley-Nechako to facilitate business expansion and retention for the Lakes District. The Village Revitalization Tax Exemption Bylaw offers five full years of tax discounts to encourage industrial developments that utilize local wood fibre, employ local residents and is an excellent way to offset start-up costs. This bylaw is just one of the ways that we are promoting business development in our community. There are numerous capital projects that will be starting construction soon and will help support a myriad of business related opportunities.
The Lakes District has many commercial and industrial properties that are among the lowest cost in the Province, and are certainly an added incentive for investors to the area. The fully functioning Baker Airport located just 15 minutes from the Village of Burns Lake provides a convenient form of transportation with a fully lit 5,000 ft runway to accommodate commercial, camp transfer, and recreational flights. Burns Lake is conveniently located on Highway 16 which is a major trading route for imports and exports from the shipping port at Prince Rupert. We also boast rail services that provide bulk shipping capacity to all destinations in North America.
Housing costs in Burns Lake are very affordable, the average cost of a three bedroom home is $128,476 (2011 statistics) and there are numerous options such as acreages, lakefront properties, and homes conveniently located right in the community. Year round recreation opportunities ensure that citizens always have something to do and promote a healthy and a well balanced lifestyle. The addition of a brand