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Home Energy News LNG to play key part in Tuesday's provincial budget

LNG to play key part in Tuesday’s provincial budget


The Liberals estimate L-N-G development will create 100-thousand jobs at home, while eliminating the provincial debt.

However, even though Finance Minister Mike de Jong—who is also government house leader—has promised to sketch out general LNG goals next week…the delayed regulation policy won’t be ready until the fall.

The budget will include financial projections for the next three years, but since there no operating LNG plants in the province those revenue estimates will not be included.

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NDP house leader, John Horgan, has concluded the government is behind the eight ball on this issue, and appears to be losing ground to get out in front of the LNG global competition.

Meantime, his party is ready to switch voter focus onto rising BC Hydro rates…the loss of private sector jobs…and increasing child poverty.   

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