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October 28, 2017 12:12 am

LNG not part of revenue planning

Tuesday, February 16, 2016 @ 2:14 PM

Prince George, B.C. – Finance Minister Mike deJong says  revenue from possible LNG projects  has not been included in the development of the current budget.deJong says there are  20 LNG projects proposed,  “And the  Province will continue to   pursue  this  stream,  however we are prudent in our forecasts, and  though we have seen   substantive progress  in this industry in B.C. , we have not included  LNG projects in our revenue projections at this time, pending the announcement of final  investment decisions.”

He says the province  is  working  hard  on the  Softwood Lumber agreement  file.  “The Premier  and the government have already taken the lead in mobilizing Canadian governments and the forest sector to respond to this challenge. Developing new markets in India and elsewhere is a key component in our strategy  to respond to American protectionists who are unable, or unwilling to compete with the best producers  of forest  products anywhere in the world, located  right here in B.C.

 

Comments

Those so called American protectionists have kept the BC and Canadian lumber industry alive for many many years. Seems to me if dejong had any clue at all about developing the lumber industry he would have been in India many years ago.

LNG is not part of revenue planning because there is no revenue. Duhhhhh.

Good Plan. LNG is not a given. Although much has been done. It’s not a done deal at all. Good Planning.

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