Close X
Tuesday, January 28, 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

    Four Arrested After Five People Shot In Toronto: Police

    Four Arrested After Five People Shot In Toronto: Police
    TORONTO — Four people have been arrested in a shooting in northwest Toronto that sent five people to hospital, one with life-threatening injuries, police said Thursday.

    Four Arrested After Five People Shot In Toronto: Police

    Modi's Three-Nation Tour: Projecting A Self-confident India

    Modi's Three-Nation Tour: Projecting A Self-confident India
    Narendra Modi's three-nation tour was marked by several high points - the surprise announcement on purchase of 36 Rafale fighter jets in France, clinching a five-year uranium supply deal with Canada, pushing the Make in India initiative in Germany

    Modi's Three-Nation Tour: Projecting A Self-confident India

    Home Price Gains In Toronto, Vancouver Spilling Over To Nearby Regions

    Home Price Gains In Toronto, Vancouver Spilling Over To Nearby Regions
    Gurinder Sandhu, executive vice-president at Re/Max Ontario Atlantic, says a growing number of Canadians who work in pricey Toronto and Vancouver are buying homes in nearby areas where they can get more for their money.

    Home Price Gains In Toronto, Vancouver Spilling Over To Nearby Regions

    Homicide Investigators Called To Mission Trailer Park After Fatal Fire

    Homicide Investigators Called To Mission Trailer Park After Fatal Fire
    MISSION, B.C. — Homicide investigators have been called to the scene of a deadly fire at a Mission, B.C., trailer park. The blaze broke out at about 3:30 a.m. Friday and fully engulfed a mobile home.

    Homicide Investigators Called To Mission Trailer Park After Fatal Fire

    Warning Lifted As Crews Fight Fire At Deep-Water Shipping Terminal In Squamish

    Warning Lifted As Crews Fight Fire At Deep-Water Shipping Terminal In Squamish
    SQUAMISH, B.C. — Crews continue to battle a fire at the Squamish Terminals deep-water port in B.C., but a warning that called on residents to stay indoors has been lifted for now.

    Warning Lifted As Crews Fight Fire At Deep-Water Shipping Terminal In Squamish

    Accused In Alberta Mountie Shootings Had Photographed Officer's Family

    Accused In Alberta Mountie Shootings Had Photographed Officer's Family
    WETASKIWIN, Alta. — An Alberta RCMP officer had met the man later charged with trying to kill him when the Mountie's wife hired him to snap some smiling family portraits.

    Accused In Alberta Mountie Shootings Had Photographed Officer's Family