- The Energy Mix - https://www.theenergymix.com -

Morneau Delivers $275 Million in New Subsidies for LNG Canada Megaproject

Finance Minister Bill Morneau was in Kitimat, British Columbia Monday to announce the latest federal subsidy to the C$40-billion LNG Canada megaproject—a $220-million cash infusion to help project developers buy energy-efficient gas turbines, plus another $55 million to replace the city’s Haisla Bridge to accommodate an expected increase in traffic.

“And so the @liberal_party ‘climate emergency’ leads to another $220-million subsidy to LNG Canada,” tweeted provincial Green leader Andrew Weaver. “Even @TheBeaverton will struggle to find a satirical headline to describe this.”

“The Government of Canada is proud to support this historic $40-billion project that will get our resources to new markets, diversify our trade, grow our economy, and create middle-class jobs for Canadians, including First Nations and other communities in northern British Columbia,” Morneau said in a release. “It’s a vote of confidence in Canada’s resource industry and is good news for Canadians right across the country.”

Innovation, Science and Economic Development Minister Navdeep Bains pushed the false narrative that gas is cleaner than coal, asserting that “LNG Canada’s facility will help bring a cleaner Canadian energy source to replace coal in some of the world’s fastest growing economies while creating thousands of good jobs in northern British Columbia, in First Nations communities, and across Canada.”

3 Comments (Open | Close)

3 Comments To "Morneau Delivers $275 Million in New Subsidies for LNG Canada Megaproject"

#1 Comment By Reynold Reimer On June 26, 2019 @ 11:17 AM

I don’t see how the Government of Canada can be proud to support more fracking and more GHGs. It often behaves much like what the cons used to call “The Harper Government”.

#2 Comment By Don Scott On August 1, 2019 @ 10:58 AM

Sadly, there will be more. I see another LNG mega project is on the boards, and this one will use BC Hydro to do the compressing. Seems BC Hydro is desperate to find markets for Site C’s future power which BC does not need due to a decade of falling demand. Complete hypocrisy by the BC Liberals and the provincial NDP governments. Sadly, they know they can get away with it, because their main challengers, the republican Federal conservatives and the corrupt BC Liberals who forced Site C upon us by passing legislation that by-passed the BCUC review process and rushing ahead with billions of dollars of contracts with firms that were incapable of doing the work.