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Cancelled LNG plan—government foot-dragging can kill potentially lucrative projects
This week, Petronas, Malaysia’s state-owned oil company, cancelled plans for the Pacific Northwest LNG (liquified natural gas) project in British Columbia. The $36 billion project fell prey to what Petronas claims to be an “extremely ...
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Green/NDP pact poses further challenges to B.C. energy production
Yesterday’s announcement that the British Columbia NDP and Green Party have signed an agreement to unite to form the next B.C. government raises some major red flags with regard to energy-related policies in the province. During the ...
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B.C. election spawns uncertain future for resource and environmental policy
Though the British Columbian election results are not yet final, there are some things we do know. With the growth of the Green Party, and the strong performance of the NDP, Premier Christy Clark will likely have to show greater ...
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It takes three times longer to obtain building permits in Vancouver than in Burnaby
The Fraser Institute’s latest study spotlights the difficulties homebuilders face at city halls across B.C.’s Lower Mainland. The study findings reinforce a recurring theme from almost three years of tracking this issue—there are huge ...
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B.C. government floats two promising ideas to address affordability and transportation woes
In recent weeks, the British Columbia government announced big changes in two critical areas for Metro Vancouverites—housing and transportation. The region is short on both homes and taxis (or substitutes such as ride-sharing). The ...
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LNG—will Oregonians eat B.C.’s lunch?
Back in 2015, we conducted a study asking the question, “What would delays in LNG export capacity cost the people of British Columbia?” What we found, in a nutshell, was “a lot.” British Columbia’s natural gas resources are substantial ...
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Canada needs the Trans Mountain pipeline to access growing Asian markets
Yesterday, only 11 days into the new year, the British Columbia government approved the Trans Mountain pipeline expansion. The approval comes after the federal government gave its consent to the project at the end of last year. The ...
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Green groups, First Nations sue federal government over proposed B.C. LNG plant
After the September approval of the Pacific Northwest natural gas project in British Columbia (with 190 additional regulatory requirements added on), there was a slight feeling of optimism among those who believe that developing Canada’s ...
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Feds decision on LNG in B.C. a step in the right direction
The federal Liberals took a step in the right direction for Canadian natural resources development yesterday with their approval of the Pacific Northwest LNG export facility in Northern British Columbia. The government recognized that ...
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Retroactive nature of new tax on foreign owners threatens rule of law, investment in B.C.
Appeared in the Vancouver Sun, Aug. 5, 2016 Mike de Jong, B.C.’s finance minister, recently and unexpectedly announced an additional property transfer tax of 15 per cent on foreign nationals purchasing residential property in Metro Vancouver. Whatever the ...