Carney set to make energy announcement in Vancouver

Source: Global News Politics
Date: 2026-09-29 17:34:43.0
Tags: [National, British Columbia, Energy, Resources, Economy, Infrastructure]

Prime Minister Mark Carney announced a major energy investment in Vancouver following LNG Canada's decision to proceed with the multibillion-dollar Phase 2 expansion of its liquefied natural gas export terminal in Kitimat, British Columbia. The expansion will double the facility's export capacity from 14 million to 28 million tonnes of LNG per year, making it one of the largest LNG facilities globally. The federal government estimates the project will attract $33 billion in private sector capital and generate over $50 billion in government revenues over its lifetime.