LeCanadian

Top Menu

  • Login
  • Archives
  • Les Actualités
  • Advertising
  • Sexy Pages
  • Contact Us

Main Menu

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating
Sign in / Join

Login

Welcome! Login in to your account
Lost your password?

Lost Password

Back to login
  • Login
  • Archives
  • Les Actualités
  • Advertising
  • Sexy Pages
  • Contact Us

logo

Header Banner

LeCanadian

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating
  • 5 ways sudoku boosts brain health

  • 10 tips to successfully market your law firm

  • 7 Amazing Gifts for Kids Who Like to Cook

  • Make Mortgage Overpayments Work for You

  • Son shares warning for immunocompromised after fully-vaccinated Tampa Bay dad dies from COVID-19

Business
Home›Business›How to smother a resource economy to death, starting with LNG

How to smother a resource economy to death, starting with LNG

By admin
August 3, 2017
1723
0
Share:

Last week, Canada received more bad news in its prolonged failure to export energy resources abroad. Petronas decided not to proceed with its $36-billion Pacific NorthWest LNG project, dealing a body blow to B.C. employment, economic growth, funding for social programs and revenue to First Nations. Understandably, the federal and provincial governments sounded defensive, characterizing it as a business decision based entirely on the decline in liquified natural gas prices.

However, Petronas had previously emphasized it considers the industry’s long-term prospects, including costs, not just the current market. Furthermore, LNG projects are moving forward south of the border and in Australia. An initial project description was filed with the Canadian Environmental Assessment Agency (CEAA) in February 2013, raising the question why it could not have been approved sooner when prices were higher and costs potentially lower. For the sponsor, it must have felt like death by a thousand cuts, with frustrating delays and ceaseless demands for concessions from politicians and regulators, as well as lawsuits from environmental and aboriginal opponents.

Read more…

Post Views: 1,747
Previous Article

With the Mooch gone, rationalism finally has ...

Next Article

Home Capital loss bigger than forecast — ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Business

    More New Authors Turning to self-publishing « The Canadian Headlines Newspaper

    October 20, 2015
    By admin
  • Business

    Comment photographier un trou noir

    February 20, 2019
    By admin
  • Business

    Extend the life of your smartphone battery with these tips

    December 12, 2018
    By admin
  • Business

    How to Negotiate with Your Suppliers

    November 9, 2017
    By admin
  • Business

    OPEC and Big Oil thought they had 50 years. At best they have a decade

    August 3, 2017
    By admin
  • Business

    St. Laurent Volvo: Deeps Dossanjh dealership could be Ottawa’s worst

    November 8, 2020
    By admin


AWeber Smart Designer




Popupar Articles

  • Week
  • Month

Week

Sorry. No data so far.

Month

Sorry. No data so far.

Popular on The Le Canadian

  1. AgoraCosmopolitan
  2. Agora Publishing Consortium
  3. Le Journal Canadien
  4. Dominion: Food News
  5. LeCanadian.com
  6. The Ottawa Star
  7. Capitalistocracy.com
  8. Agora Books Author House
  9. First Nations Press
  10. Toronto Digital Flog Newspaper
  11. The Etiquette Show
  12. Ontario People's Front

Recent Posts

  • 5 ways sudoku boosts brain health
  • 10 tips to successfully market your law firm
  • 7 Amazing Gifts for Kids Who Like to Cook
  • Make Mortgage Overpayments Work for You
  • Son shares warning for immunocompromised after fully-vaccinated Tampa Bay dad dies from COVID-19
  • Catching Covid-19 after being vaccinated isn’t a myth. It happened to me
  • My COVID Story: “I got COVID after being fully vaccinated”
  • Albertans fully vaccinated for COVID-19 urged to stay cautious during pandemic’s 4th wave
  • I got the vaccine – and then I got Covid: Readers share their stories
  • Brazilian minister tests positive for Covid after meeting maskless Johnson

Most Viewed Posts

No Posts found

Visitors

  • Home
  • Business
  • Entertainment
  • Foodie
  • Headline
  • Health
  • Editorials
  • Lifestyle
  • Sports
  • UFO · Exopolitics
  • City
  • Sexuality
  • Dating