Close X
Monday, January 13, 2025
ADVT 
National

Christy Clark's Liberals Adjourn Legislature Dreaming About $36-Billion LNG Project

Darpan News Desk The Canadian Press, 28 May, 2015 10:19 AM
    VICTORIA — Premier Christy Clark says she is confident two huge projects with the potential to forge British Columbia's future for generations have taken major steps forward.
     
    Clark singled out the progress on BC Hydro's $9-billion Site C hydroelectric dam and the proposed $36-billion, Petronas-backed liquefied natural gas plant as the government's top accomplishments in the spring session.
     
    The B.C. legislature adjourned Thursday after passing a balanced budget and debating, amending and adopting at least two dozen laws, including liquor, worker and education legislation.
     
    "If I wanted to look back on the last few months (Petronas) would be the biggest thing we've accomplished, along with the work we've done on Site C," Clark told reporters in Victoria.
     
    "That is a massive public investment in infrastructure that is going to create thousands of jobs for people and long-term, low-cost, reliable clean power for generations of the province," she said. "Those are big accomplishments that I think people will look back at over the decades ... and say those things really mattered."
     
    But Opposition New Democrat Leader John Horgan cautioned that both projects could be in for rough rides from the NDP.
     
    The NDP has supported government LNG income tax legislation, but a deal with Petronas is far from complete, he said. Horgan said the NDP has concerns Site C is being pushed forward at a time when B.C. doesn't need the project.
     
    "I don't believe that rate payers who are already looking down the barrel of a 28-per-cent rate increase can afford to sustain hundreds of millions of dollars in losses on a power project that's coming before its time," he said.
     
    The government approved Site C late last year and construction is slated to start this summer, despite impending court challenges. 
     
    Site C will flood more than 5,500 hectares of land along the Peace River, create an 83-kilometre-long reservoir and provide enough power to light up 400,000 homes.
     
    Last week, Clark and Malaysian energy giant Petronas signed an agreement that could lead to the construction of a multibillion LNG plant at Lelu Island near Prince Rupert.
     
    The premier said once Petronas-controlled Pacific NorthWest LNG secures project approval from its backers, she will recall the legislature to adopt legislation for the project, which would be the largest capital investment in B.C.'s history.
     
    Government sources suggest the legislature could be recalled as early as this summer to deal with Petronas, which has yet to make a final investment decision on the proposed LNG plant.
     
    There are at least 18 separate LNG project proposals in B.C. Clark has often said exporting LNG from B.C. to Asian markets represents a trillion-dollar economic opportunity that could create 100,000 jobs.
     
    Horgan said the government recently amended legislation that ties B.C. into a fixed royalty-rate structure that favours Petronas.
     
    "We did what we could for Petronas, we didn't do what we should for British Columbians," he said.
     
    The New Democrats managed to rattle the Liberals in recent months, including over questions about a Crown land sale in Metro Vancouver to a Liberal party donor at a greatly reduced price.
     
    The NDP also leaked an internal government report about dysfunction in the two-year-old Office of the Local Auditor General, eventually prompting the firing of the office's first local auditor. 

    MORE National ARTICLES

    Justin Trudeau To Reveal Major Economic Plank Now That Fiscal Landscape Clear

    OTTAWA — Justin Trudeau is starting to show some of his economic cards now that the Conservative government has laid its election hand on the table.

    Justin Trudeau To Reveal Major Economic Plank Now That Fiscal Landscape Clear

    Express Train From Downtown Toronto To Pearson Airport Starts Service June 6

    Express Train From Downtown Toronto To Pearson Airport Starts Service June 6
    The Union-Pearson Express trains will initially run on diesel, Premier Kathleen Wynne said, but will later be converted to electric.

    Express Train From Downtown Toronto To Pearson Airport Starts Service June 6

    Australian Police Seek Leads In Case Of Saskatchewan Man Who Vanished 45 Years Ago

    Australian Police Seek Leads In Case Of Saskatchewan Man Who Vanished 45 Years Ago
    Investigators say Gordon Rogers was last seen at a party in the town of Beachport, about 400 kilometres southeast of Adelaide, in the early morning hours of Aug. 2, 1970. He was 20 at the time.

    Australian Police Seek Leads In Case Of Saskatchewan Man Who Vanished 45 Years Ago

    Two People Plead Guilty In Halifax To Murder In Death Of Loretta Saunders

    Two People Plead Guilty In Halifax To Murder In Death Of Loretta Saunders
    Blake Leggette pleaded guilty today in the province's Supreme Court to first-degree murder and will be sentenced to an automatic life sentence with no parole eligibility for 25 years.

    Two People Plead Guilty In Halifax To Murder In Death Of Loretta Saunders

    Search Underway After Man Goes Into Water At Nova Scotia's Peggy's Cove

    Search Underway After Man Goes Into Water At Nova Scotia's Peggy's Cove
    PEGGYS COVE, N.S. — The RCMP in Nova Scotia say a search is underway for a 25-year-old man who was swept into the Atlantic Ocean from the rocky edges of Peggy's Cove.

    Search Underway After Man Goes Into Water At Nova Scotia's Peggy's Cove

    Mohamed Fahmy Feels 'a Little Better' With Temporary Canadian Passport In Hand

    Mohamed Fahmy Feels 'a Little Better' With Temporary Canadian Passport In Hand
    The Canadian journalist facing broadly denounced terror charges in Egypt was finally handed a temporary Canadian passport on Wednesday.

    Mohamed Fahmy Feels 'a Little Better' With Temporary Canadian Passport In Hand