The city of Terrace is considered to be the oldest always occupied part of the globe, as it was densely populated long before the Europeans settled in the region. The Kitsumkalum and the Kitselas are a couple of the seven Tsimshian tribes in the Terrace area, and its traditional economy consisted of trade, fishing, and hunting. The riverboats that before operated for 22 years within the region came to a stop and was replaced by the Grand Trunk Pacific Railway. At first, it was called "Littleton" in honor of George Little, who donated 47 acres to the Grand Pacific Railway. Nevertheless, since there was already a Littleton within New Brunswick, the name was changed to "Terrace" in reference to its geography.
Presently, there are many attractions within the area for both residents and visitors to enjoy. Operating form the months of May to October at its George Little Memorial Park location is the Skeena Valley Farmer's Market. One more attraction is the former home of George Little, the town's founder, which is a two-story heritage home. It is truly easy to see in downtown Terrace, and many are encouraged to go to the place. The house likewise has a small gift shop that features local artists. The house also operates as the VIA Rail Station. The Greater Terrace Beautification Society is a group of local volunteers who are dedicated to making the Terrace area more charming. The Society meets every first Monday of each and every month. The Heritage Park Museum is operated by the Terrace and District Museum Society and considered a Municipal Heritage Site. The REM Lee Theatre is the biggest performing arts location in the city. The Terrace Art Gallery is a non-profit and public facility that is devoted to promoting the visual arts of the community for the last 25 years. The Terrace Public Library is free for all the residents of Terrace, Rosswood, Thornhill, New Remo, Copperside, Old Remo, Jackpine Flats, Usk, and all the Chimdemash communities in the east.
Terrace City has been dubbed the "Cedar Pole Capital of the World," with more than 50,000 poles made here. These poles are used for electric power and telephone poles all over many areas of North America. The tallest poles made here can be seen in New York City. In modern times, the economy, who solely depended on logging and big companies have become more diversified. It is now more independent and separate from large companies and industries, and it boasts of a balanced economy that could effectively deal with whichever kind of economic cycle slump.