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Provinces call on Ottawa to expand mining credit
Source: Global News Politics
Date: 2026-10-10 12:17:12.0
Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.
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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.
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LNG Canada expansion gets go-ahead, as Carney set to highlight 'historic investment' in Canadian energy
Source: CBC Politics
Date: 2026-09-29 11:13:02.0
Tags: [National, British Columbia, Energy, Environment, Resources, Economy]Shell Canada Energy confirmed a final investment decision to move forward with the multibillion-dollar LNG Canada Phase 2 expansion in Kitimat, British Columbia. The expansion project involves a joint venture including Shell Canada Energy, Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corp. The development is projected to roughly double the production and export capacity of liquefied natural gas from 14 million to 28 million tonnes annually. Prime Minister Mark Carney highlighted the development as a historic investment in Canada's energy sector, though environmentalists and critics raised concerns regarding increased natural gas extraction emissions, fracking-induced earthquakes, and climate impacts.
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Strengthening value-added wood manufacturing on Vancouver Island
Source: British Columbia - Government News
Date: 2026-09-09 17:30:00.0
Tags: [British Columbia, Economy, Industry, Resources, Housing, Trade]The Government of B.C. has committed up to $2 million through the BC Manufacturing Jobs Fund to support an expansion project by Ron Anderson & Sons Ltd. in Chemainus. The investment helps the wood-product manufacturer upgrade equipment, diversify its product line to include prefabricated floors, roof panels, and stairs, and create 35 new jobs by the time construction is completed in February 2027. This initiative forms part of the broader provincial Look West strategy and $153 million in total commitments across more than 150 manufacturing projects designed to boost regional supply chains and counteract U.S. tariffs.
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Setting new harvest level in Omineca region
Source: British Columbia - Government News
Date: 2026-09-04 16:45:00.0
Tags: [British Columbia, Resources, Environment, Indigenous, Industry, Economy]British Columbia's deputy chief forester has reduced the allowable annual cut (AAC) for Tree Farm Licence 30 in the Omineca region by 17.6% to 340,000 cubic metres, effective September 4, 2026. The independent regulatory decision under the Forest Act accounts for changing economic availability, climate change considerations, and the protection of archeological sites, rare ecosystems, streams, fish habitat, and wildlife such as moose. The approximately 180,000-hectare licence area, located northeast of Prince George in the Prince George Natural Resource District, overlaps the traditional territories of the Lheidli T’enneh Nation, McLeod Lake Indian Band, West Moberly First Nations, and Tsay Keh Dene Nation, whose consultations and stewardship input informed the final determination.
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