We must balance a strong economy and affordability with energy security.
That's why we must advance Canadian-made natural gas exports to the world.
-------------------
#1 - Canadians Cannot Afford to Miss Out On LNG Development
British Columbia's liquefied natural gas (LNG) is an economic opportunity Canadians cannot afford to miss. Between 2020 and 2064, a healthy B.C. LNG sector could create [1]:
- $500 billion in economic activity
- More than $170 billion in government revenues
- Over 96,000 more jobs a year
- $6 billion in wages
-------------------
#2 - Many Countries Are Asking for Canadian-Made LNG
Global LNG demand is projected to grow by more than 50% by 2040 [2]. Many countries, including Germany, Japan, Poland, and South Korea, have asked us for our democratically produced energy as these countries look to diversify away from unreliable sources [3][4].
Shouldn’t we do everything we can to help?
If Canadians don’t produce the LNG the world needs, other less transparent and less regulated producers will gladly fill the void to reap the huge economic benefits.
-------------------
#3 - Canadian LNG is Indigenous Economic Reconciliation
First Nations leaders are calling on our governments to advance Indigenous economic reconciliation through the development of LNG projects, saying that Canadian LNG is Indigenous LNG [5].
Cedar LNG, for example, will be the largest Indigenous majority-owned infrastructure in Canada and the world [6], paving a path forward for First Nations proponents to generate own-source revenues, create economic opportunities, and improve the socio-economic conditions within their communities.
The development of Canada’s LNG sector has had lasting positive impacts on many Indigenous communities throughout rural B.C., benefits that include:
- $4.1 billion in spending on contracts and procurement with local and Indigenous-owned businesses (LNG Canada) [7]
- $1 billion in spending with local Indigenous businesses (Coastal GasLink) [8]
- 10% equity stake with 17 First Nations communities (Coastal GasLink) [9]
Indigenous economic reconciliation is impossible without a strong economic foundation to advance change [5]. For Indigenous communities, the outcomes of LNG development are tangible and essential, including new jobs and business opportunities, own-source revenues to fund clean drinking water and housing, and more [5].
It's time to get behind B.C.'s LNG projects to advance Indigenous economic reconciliation and support a stronger economy and more prosperous future for Canadians.
Will you join us?
-------------------
SOURCES:
1 - The Conference Board of Canada. (2020 July). A Rising Tide: The Economic Impact of B.C.’s Liquefied Natural Gas Industry. [Web Page]. Retrieved from https://www.conferenceboard.ca/product/a-rising-tide-the-economic-impact-of-b-c-s-liquified-natural-gas-industry/.
2 – Shell. (2024 February). Shell LNG Outlook 2024. [Web Page]. Retrieved from: https://www.shell.com/what-we-do/oil-and-natural-gas/liquefied-natural-gas-lng/lng-outlook-2024.html
3 – BIV. (2023 February). Korea, Japan want Canadian LNG, but can Canada deliver. [Web page]. Retrieved from https://biv.com/article/2023/02/korea-japan-want-canadian-lng-can-canada-deliver. Date Accessed: August 2023.
4 – Reuters. (2022 August). Winter is coming: Germany's Scholz leaves Canada with no promises on LNG. [Web page]. Retrieved from https://www.reuters.com/business/energy/winter-is-coming-germanys-scholz-leaves-canada-with-no-promises-lng-2022-08-25/. Date Accessed: August 2023.
5 – IndigenousLNG.ca. (no date). Canadian LNG is Indigenous LNG. [Web page]. Retrieved from https://indigenouslng.ca/
6 – Government of Canada. (2024 July). Government of Canada supporting innovative majority Indigenous-owned natural resource project from Cedar LNG. [Web Page]. Retrieved from https://www.canada.ca/en/innovation-science-economic-development/news/2024/07/government-of-canada-supporting-innovative-majority-indigenousowned-natural-resource-project-from-cedar-lng.html
7 – LNG Canada. (2024 September). LNG Canada 2024 Fall Update. [Web Page]. Retrieved from https://www.lngcanada.ca/news/lng-canada-2024-fall-update/
8 – EnergyNow. (2024 March). Coastal GasLInk is a Good News Story to be Remembered by Canadian & Indigenous Families. [Web Page]. Retrieved from https://energynow.ca/2024/03/coastal-gaslink-is-a-good-news-story-to-be-remembered-by-canadian-indigenous-families/
9 – Coastal GasLink. (2022 March). Indigenous groups sign historic equity option agreements with TC Energy on Coastal GasLink. [Web Page]. Retrieved from https://www.coastalgaslink.com/whats-new/news-stories/2022/2022-03-10-indigenous-groups-sign-historic-equity-option-agreements-with-tc-energy-on-coastal-gaslink/