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

Thursday, May 09, 2019

Canadian Centre for Policy Alternatives

CCPA
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

 

 

More from this campaign
FortisBC's Tilbury LNG facility. Photo By FORTISBC
FortisBC's Tilbury LNG facility. Photo By FORTISBC
B.C. Premier John Horgan tours the site of the LNG Canada project in Kitimat, B.C., in January 2020. The proposed floating Cedar LNG facility is planned for a site adjacent to the LNG Canada export terminal. Photo: Province of B.C. / Flickr
B.C. Premier John Horgan tours the site of the LNG Canada project in Kitimat, B.C., in January 2020. The proposed floating Cedar LNG facility is planned for a site adjacent to the LNG Canada export terminal. Photo: Province of B.C. / Flickr