Royalty program stimulates job creation for 14th time

The Province has approved $115 million in royalty deductions that will create jobs and support the construction of 14 infrastructure projects in northeastern B.C. For the 14th time since its inception, royalty deductions will be provided under B.C.’s Infrastructure Royalty Credit Program (IRCP), designed to facilitate the construction of new resource roads and pipelines. This […]

Minister of Finance travels to Malaysia to discuss B.C. LNG industry

Finance Minister Michael de Jong travelled to Malaysia on July 25 to meet with government officials to review the significant progress toward making the first LNG project in B.C. a reality, and the project’s implications for enhanced bilateral trade between B.C. and Malaysia. Government passed the Liquefied Natural Gas Project Agreements Act on July 21, 2015, […]

Province seeks legislative approval of LNG agreements

Legislation tabled in the B.C. legislature puts in motion ratification of the province’s first project agreement with an LNG proponent, marking an integral phase in the development of B.C.’s liquefied natural gas industry, Premier Christy Clark announced July 13, 2015. “Three principles underpin these agreements: to give business certainty and keep British Columbia competitive; to […]