A bill that gives such sweeping powers to the premier in the name of economic security has to include the resource sector
The BC government is making waves with its new bill, the Economic Stabilization Act or Bill 7. Premier David Eby introduced it as a way to prepare for tough times, especially with U.S. President Donald Trump threatening tariffs that will cause havoc for the Canadian economy. If it passes, the bill will give Eby’s cabinet powerful flexibility, enough to impose new tolls on highways or shift how public money is spent, all to keep BC steady when global trade gets rough.
At the heart of this is the province’s resource sector, the key to BC’s future. The natural gas industry is a big opportunity. Projects like Cedar LNG and Ksi Lisims LNG, led by Indigenous communities, could make BC a major player in Asia’s energy markets.
Read More: https://www.resourceworks.com/bill-7-eby