A critical look at BC’s new tax breaks and subsidies for LNG

Thursday, May 09, 2019

Canadian Centre for Policy Alternatives

CCPA

View the report by clicking here.

From the Canadian Centre for Policy Alternatives
From the Canadian Centre for Policy Alternatives.

Overall, the new BC government has offered a much sweeter deal to the LNG industry than what the previous government was willing to extend, making four major concessions: discounted electricity prices, exemptions from increases in the BC carbon tax, a corporate income tax break and deferral of provincial sales tax on construction.

OFFICES: BC Office

 

ISSUE: Energy policy

PROJECTS: Corporate Mapping Project

 

 

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Photo: FortisBC’s current Tilbury LNG facility sits just steps from the Fraser River in Delta, B.C. (Isabel Siu-Zmuidzinas)
Photo: FortisBC’s current Tilbury LNG facility sits just steps from the Fraser River in Delta, B.C. (Isabel Siu-Zmuidzinas)
An aerial shot of the Tilbury LNG facility.
Tilbury LNG facility (WC Files)
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Photos: David Eby (BCNDP, CC by 2.0), Forest Fire in Chilcotin B.C. (Chris Harris)