Feds investing $200M in B.C.’s Woodfibre LNG over three years

By Wolfgang Depner The federal government is investing $200 million in British Columbia’s Woodfibre LNG project over three years, funding that Energy Minister Tim Hodgson says will help diversify Canada’s energy exports. Hodgson said during an announcement in Vancouver that Canada’s Pacific coastline gives the country direct access to some of the world’s most dynamic economies. “We will seize that advantage,” Hodgson said at a news conference also attended by British Columbia’s premier-designate, Lorne Doerkson. “We will turn geographic advantage into conditions to attract investment to this country, to build major projects, and to create jobs for British Columbians and Indigenous Peoples, as we grow this industry in partnership with the private sector.” Woodfibre LNG is a liquefied natural gas export facility seven kilometres southwest of Squamish, B.C. The Canadian…

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