Prince Rupert Mayor Lee Brain speaks at B.C. legislature Tuesday.

B.C. gives green light to Petronas LNG

Northwest mayors hopeful 25-year project agreement means long-term recovery for struggling communities

VICTORIA – The B.C. government has passed legislation setting tax rates in a 25-year project development deal for what the government hopes is the first of a series of liquefied natural gas export facilities.

Premier Christy Clark invited Prince Rupert Mayor Lee Brain and Port Edward Mayor Dave MacDonald to the legislature for a brief celebration Tuesday, as debate wound down on a rare summer session of the B.C. legislature.

Brain, a rookie mayor at age 29 and fourth generation Prince Rupert resident, said the prospect of economic recovery is welcome for the struggling community of 14,500 people.

“When I was in high school we lost three major industries all at the same time in our town,” Brain said. “We lost our forest industry, our fishing industry and our mill. I lost a lot of friends, we lost half our population and ever since it’s been a struggle for our community to get back on track.”

Clark said the project development agreement with Petronas-led Pacific Northwest LNG for the Port of Prince Rupert is complete from the government’s standpoint. She ruled out any further exemptions to the provincial sales tax that applies to investments in plant and pipelines that could reach $36 billion.

“We aren’t considering changing the way the PST is treated for this or any other projects,” Clark said, responding to comments by David Keane, president of the B.C. LNG Alliance.

Keane questioned the suggestion that LNG investors are getting a discount for investing in B.C.

“This is the only regime where we have to pay a special LNG tax,” Keane told reporters in Victoria last week. “It’s the only jurisdiction where we have to pay a carbon tax, and we also have to buy carbon offsets to get down to our greenhouse gas target that was legislated last year.

“And in addition to that, we’re also going to be paying PST, GST, payroll taxes, municipal taxes, and corporate income taxes at both the federal and provincial levels.”

Pacific Northwest still needs an environmental permit from the federal government, and approval from the Lax Kw’alaams Band, whose territory includes the Lelu Island site chosen for the LNG shipping terminal.

Opposition MLAs opposed the agreement, citing a lack of job guarantees and protection for the investors from discriminatory tax and regulation changes for 25 years.

 

Just Posted

Cache Creek council votes to rejoin local transit system

Details need to be worked out, but hopes are that change can be expedited

Ashcroft residents get information at Community Forum

Water treatment plant, recycling, an Eco-Depot, the budget, and more among items addressed

Elizabeth May’s wedding will be a ‘low-carbon affair’ in Victoria on Earth Day

Green party leader’s wedding party to depart in a cavalcade of electric cars

Gas prices spike in northern B.C. ahead of the long weekend

Fuel went up 17 cents overnight in Prince Rupert

Parliament Hill 4-20 organizers predict record crowd after legalization

A celebration? Yes, but organizers say concerns remain about the government’s decisions on legalization rollout

$6K raised in one day’s time for family of woman gunned down in Penticton

GoFundMe launched for family of Darlene Knippelberg, to pay for funeral costs and other expenses

Seven tips to travel safely this Easter long weekend

An average of three people are killed, and hundreds more injured, each Easter long weekend in B.C.

Parents say Austrian climber missing in Banff National Park ‘lived his dream’

David Lama, Hansjorg Auer and American climber Jess Roskelley have been missing since Wednesday

Six months after legalization, high prices and supply issues boost illicit pot market

It has been six months since Canada became the first industrialized country to legalize recreational cannabis

Seattle’s 4-20 ‘protestival’ enjoys tolerance, some support – and B.C. could do the same

Seattle’s Hempfest a large-scale occasions with vendors, prominent musical acts and thousands of attendees

B.C. mountain biker sent home from hospital twice, despite broken vertebrae

Released in Maple Ridge to go home with three fractured vertebrae

Deck collapses in Langley during celebration, multiple people injured

Emergency responders rushed to the Langley home

B.C. RCMP receive application for Police Cat Services

RCMP announced the launch of the Police Cat Services unit as an April fools joke

Most Read