What is Bill C-48? In short, it’s a piece of legislation that will absolutely destroy future opportunities for Canada's oil and gas industry to export oil by banning petroleum tanker traffic off the coast of British Columbia.
This ban extends from the northern tip of Vancouver Island to Alaska, shutting down any opportunities to export oil to international markets other than the United States (Canada's only customer, who buys >99% of our oil).
This bill means no to potential energy infrastructure projects like the Eagle Spirit Pipeline which is led by a large group of First Nations looking to benefit from the development of Canada's natural resources.
It also means no to thousands of families in Western Canada and across the nation that rely on oil and gas to make ends meet.
It’s a big no to increased tax revenues that help our governments pay for things like schools, hospitals, roads and everything in between.
A more formal, detailed version of what Bill C-48 is saying no to, straight from the Canadian Parliament’s website:Read more
The answer is yes! All 20 First Nations along the Coastal GasLink pipeline route have signed benefit agreements with TransCanada. Furthermore, a majority of First Nations in northern British Columbia support both the Coastal GasLink and LNG Canada projects.
Most of the involved BC First Nations not only have experienced meaningful and bilateral consultations with Coastal GasLink, but see the project as a way out of widespread poverty within their communities. But don’t take our word for it.
Here’s several quotes from First Nations leaders, community members and representatives on their support for Coastal GasLink and LNG Canada. Also see:
- 3 Reasons why Canada Needs BC LNG
- 3 Reasons Why BC LNG Matters to First Nations
- First Nations Chiefs Show Support for Trans Mountain Expansion
The approval of the $40 billion liquefied natural gas project in Northern British Columbia is a huge win for the First Nations who find their communities along the associated up-and-coming pipelines and export terminal. This mega-project means jobs, careers, business opportunities and revenues for these Indigenous people and their communities for decades to come.
It also means lots of opportunities for all Canadians working in the oil and gas industry, especially in British Columbia and Alberta. At a time where oil pipelines have been suspended or cancelled all together, the BC LNG investment is a shining light in a rather dark outlook for Canada’s petroleum industry.
While this massive energy infrastructure project will benefit all Canadians, more specifically, here’s some hard facts showing a few important reasons why BC LNG matters to First Nations in BC.
- Also see: 3 Reasons Why Canada Needs BC LNG
Have you heard about the multi-billion-dollar LNG project proposed in British Columbia? With a $40-billion price tag, the project is set to become the single largest investment into infrastructure in the province’s history!
There would be massive economic benefits for both the private sector and government, with thousands of jobs being created – peaking at 10,000 workers in 2021. Let’s not forget that oil and natural gas from Canada is produced to the highest environmental and human rights standards in the world!
We could discuss the environmental and economic benefits for British Columbia, Canada and the world when it comes to a new LNG project off the west coast. But to keep things much short-winded, here’s three practical reasons why Canada needs BC LNG:Read more