A critical look at BC’s new tax breaks and subsidies for LNG
Thursday, May 09, 2019
Canadian Centre for Policy Alternatives
View the report by clicking here.
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)