Pacific NorthWest LNG & Progress Energy Canada Ltd. welcome National Energy Board decision on North Montney Mainline Project

Michael Culbert, president & CEO of Progress Energy Canada Ltd. and Pacific NorthWest LNG, today welcomed the announcement by the National Energy Board (NEB) recommending approval of the North Montney Mainline Project to the federal government and approving rolled in tolls for the initial phase of the project; satisfying a key deliverable required for a […]

Commitment to finalize LNG income tax framework fulfilled

  The administration and enforcement component of the Liquefied Natural Gas Income Tax Act provides proponents with clarity and British Columbians with confidence, announced Minister of Finance Michael de Jong on March 25, 2015. The introduction of Bill 26, the Liquefied Natural Gas Income Tax Amendment Act 2015, fulfils the government’s commitment to set out […]

British Columbia expected to lead provinces in economic growth in 2015 – BC economy has momentum despite LNG uncertainty

On the heels of a solid increase in 2014, British Columbia’s economy is expected to advance by a nation-leading three per cent this year, according to The Conference Board of Canada’s Provincial Outlook-Winter 2015. “British Columbia will be among the economic growth leaders, with Manitoba and Ontario, over the next two years,” said Marie-Christine Bernard, associate director, Provincial Outlook. “The lower Canadian dollar, the […]