Peter Foster: Lost in the eelgrass with Canada’s LNG plans – Financial Post
May 14, 2015
The ‘no’ vote on LNG gas project casts doubt on regulator role and future of gas projects in Canada. Remember the Mackenzie Valley pipeline?
Remember Stephen Harper’s commitment to streamline regulatory approval for resource megaprojects? I’m not sure whether the process has in fact been sped up, but regulatory approval seems increasingly irrelevant.
This week, the Lax Kw’alaams band of Northern B.C. may have dealt a severe blow to the Pacific NorthWest LNG project (PNW) — a massive $36 billion development, including related pipelines – by rejecting outright a benefits package worth more than a billion dollars to its 3,600 members over 40 years.
