Pacific Northwest LNG president Michael Culbert says changes to the company's terminal plan for Lelu Island haven't been explained to the community yet.

NDP objects to conditions for Petronas LNG

Long-term restriction on taxes and gas royalties could tie the hands of future governments, NDP leader John Horgan says

Premier Christy Clark and officials of B.C.’s largest liquefied natural gas project are moving ahead with legal restrictions that the NDP says may tie the hands of future governments to change tax and royalty revenue from the industry.

Petronas-led Pacific Northwest LNG and the B.C. government signed agreements Wednesday to ship LNG from the port of Prince Rupert to Asia. They include rules for a long-term royalty agreement that Clark said provides the stability and certainty the company needs to make a $36 billion investment.

Legislation yet to be passed would put limits on increases to B.C.’s carbon tax, LNG income tax and natural gas tax credits available to investors.

NDP leader John Horgan said the agreements appear to give the investors what they need, but lack job guarantees and assurances that if the natural gas price improves, B.C. taxpayers will receive an adequate share of the resources they own.

“My biggest concern is that we’re tying the hands of future governments because a desperate government made commitments that they over-promised on and now they want to get a deal at any cost,” Horgan said.

Pacific Northwest LNG president Michael Culbert said he is pleased that the province has agreed to legislate a project development agreement, if Petronas and its investment partners agree to the terms later this year.

Pacific Northwest LNG hit a roadblock in recent weeks with a vote by the Lax Kw’alaams First Nation to reject the port site at Lelu Island, despite revenue sharing totalling more than $1 billion over 40 years of LNG shipments.

Culbert said answers to the community’s questions about changes to the project to protect Flora Bank, a shallow bed used by young salmon, were presented to the Canadian Environment Assessment Agency the day before Lax Kw’alaams members began voting.

Clark said there have been agreements reached with 14 of 19 aboriginal communities along the pipeline route, and she is confident that differences can be worked out with the rest, including the Lax Kw’alaams.

 

Just Posted

For one volunteer, fond memories as the Canadian Museum of Flight readies for the holidays

‘Christmas in the air’ at Langley aviation history exhibition

TransLink reveals new plans for proposed Surrey-Langley SkyTrain

No cost estimates, but the Fraser Highway line is expected to open by 2025

Tsumura Basketball Invitational wraps with a hard-fought win for the Panthers at Langley Events Centre

‘We knew if we stayed together as a team and kept the ball moving, we were going to come through’

VIDEO: Giants earn seventh straight win while playing at Pacific Coliseum

G-Men return home for their next game at the Langley Events Centre Friday against the Silvertips.

VIDEO: Celebrities support Langley Christmas food and toy drive

Sexual abuse survivor organized annual event for people in need

VIDEO: This B.C. school leads country in vaccine donations to UNICEF

Federally funded Kids Boost Immunity uses quizzes to earn vaccinations

Break-in at home of detained Chinese Huawei executive

Meng Wanzhou was detained in Vancouver on America’s request

5 to start your day

TransLink reveals new plans for proposed Surrey-Langley SkyTrain, 81-year-old woman waits 90 minutes for a taxi in Pitt Meadows and more

Natural gas rates will go up in B.C. on Jan. 1

Regions could pay up to $68 more

Top House Dems raise prospect of impeachment, jail for Trump

It could be an “impeachable offense” if it’s proven that President Donald Trump directed illegal hush-money payments to women during the 2016 campaign.

Macron addresses France amid protests; is it too late?

Paris monuments reopened, cleanup workers cleared debris and shop owners tried to put the city on its feet again Sunday.

CUPE calls off Flair Airlines job action citing job security concerns

The union says it’s going to challenge Flair’s move at the Canada Industrial Relations Board before proceeding with any job action.

Trump looking at several candidates for new chief of staff

Trump’s top pick for the job, Nick Ayers, is out of the running and Trump is now soliciting input on at least four individuals.

Canadian physicist collects Nobel Prize

Canada’s Donna Strickland is one of three winners of this year’s Nobel Prize for Physics.

Most Read