Pacific Northwest LNG president Michael Culbert says changes to the company's terminal plan for Lelu Island haven't been explained to the community yet.

NDP objects to conditions for Petronas LNG

Long-term restriction on taxes and gas royalties could tie the hands of future governments, NDP leader John Horgan says

Premier Christy Clark and officials of B.C.’s largest liquefied natural gas project are moving ahead with legal restrictions that the NDP says may tie the hands of future governments to change tax and royalty revenue from the industry.

Petronas-led Pacific Northwest LNG and the B.C. government signed agreements Wednesday to ship LNG from the port of Prince Rupert to Asia. They include rules for a long-term royalty agreement that Clark said provides the stability and certainty the company needs to make a $36 billion investment.

Legislation yet to be passed would put limits on increases to B.C.’s carbon tax, LNG income tax and natural gas tax credits available to investors.

NDP leader John Horgan said the agreements appear to give the investors what they need, but lack job guarantees and assurances that if the natural gas price improves, B.C. taxpayers will receive an adequate share of the resources they own.

“My biggest concern is that we’re tying the hands of future governments because a desperate government made commitments that they over-promised on and now they want to get a deal at any cost,” Horgan said.

Pacific Northwest LNG president Michael Culbert said he is pleased that the province has agreed to legislate a project development agreement, if Petronas and its investment partners agree to the terms later this year.

Pacific Northwest LNG hit a roadblock in recent weeks with a vote by the Lax Kw’alaams First Nation to reject the port site at Lelu Island, despite revenue sharing totalling more than $1 billion over 40 years of LNG shipments.

Culbert said answers to the community’s questions about changes to the project to protect Flora Bank, a shallow bed used by young salmon, were presented to the Canadian Environment Assessment Agency the day before Lax Kw’alaams members began voting.

Clark said there have been agreements reached with 14 of 19 aboriginal communities along the pipeline route, and she is confident that differences can be worked out with the rest, including the Lax Kw’alaams.

 

Just Posted

LETTER: Emergencies can wait on Sasquatch Mountain

Hemlock Valley resident Andy Ibbetson writes about his concerns on the new E-comm 911 service

Semi truck crashes into highway barrier cable near Chilliwack

Witnesses warning other drivers to watch for debris in other lanes

Multi-vehicle collision on highway in Chilliwack

Accident involves several vehicles, in the westbound lanes says Drive BC

Age nothing but a number for women in Fraser Valley 7-a-side soccer league

Rockers’ soccer 7-a-side league is for women 30 and older

Agassiz bus driver’s seatbelt petition heads to Ottawa

Gary Lillico is hoping his one-month petition will make a mark on the House of Commons

VIDEO: Quadriplegic man takes flight over Harrison Mills

Jim Ryan hasn’t moved his arms or legs for three years, but that didn’t stop him from paragliding

Man arrested after police standoff and fire at Abbotsford home

Suspect allegedly breached conditions to not be near victim or her home

Growing wildfire prompts evacuation of High Level, Alta.

Chuckegg Creek fire has been burning for several day, but grew substantially Sunday

Top women’s hockey player Natalie Spooner coming to B.C.

Natalie Spooner special guest at annual Grindstone charity weekend in Kelowna

Take-home drug testing kits latest pilot to help curb B.C.’s overdose crisis

Researchers look to see if fentanyl testing could be a useful tool for those who use drugs alone

UPDATE: Highway 1 reopened after multi-vehicle crash east of Chilliwack

Westbound lanes near Herrling Island were closed for hours amid busy holiday weekend traffic

Police watchdog investigating motorcycle crash in Kamloops

A Kamloops Mountie had stopped the driver for speeding, but they raced off from the 0fficer

Facebook takes down anti-vaxxer page that used image of late Canadian girl

Facebook said that the social media company has disabled the anti-vaccination page

Search crews rescue kids, 6 and 7, stranded overnight on Coquitlam mountain

Father and two youngsters fall down a steep, treacherous cliff while hiking Burke Mountain

Most Read