Fracking fuels the B.C. government's liquefied natural gas gambit

Charlie Smith

The B.C. Liberal government won’t win any forecasting awards for its predictions on natural-gas revenues. Two years ago, the province estimated that royalties from this fuel would reach $846 million in this fiscal year. In Finance Minister Mike de Jong’s recent budget, that was cut nearly in half, to $441 million. Three years ago, the spring budget pegged revenues from natural-gas royalties at $447 million. As that fiscal year ended, that figure was reduced to $367 million.