B.C. Environment Minister George Heyman will soon decide the fate of Enbridge’s Westcoast Connector Gas Transmission Project — and possibly his government. First approved in 2014, the 48-inch pipeline would carry fracked gas across a complex patchwork of sovereign territories to a new LNG terminal on the coast.
Feb. 18, 2023 marked the one-year anniversary of Trans Mountain’s last construction cost update, when the price tag of the expansion project (TMX) ballooned to $21.4 billion — nearly triple the cost projected when Canada bought the embattled pipeline in 2018.
'Feels pretty good': Oil and gas investment in Canada to hit $40 billion in 2023, CAPP says
Up 11 per cent from last year, but still well off levels in 2014 when oil prices last boomed
CALGARY — Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023, the country’s largest fossil fuel industry group said Wednesday.
![‘The irony is that [the LNG Canada plant will] be BC’s largest source of pollution but will be paying less in carbon tax than regular British Columbians filling up at a gas station,’ says Sven Biggs, Canadian oil and gas programs director. Photo via Shutterstock.](https://ecosocialistsvancouver.org/sites/default/files/styles/medium/public/article-image/lngfreighter.jpg?itok=_fyMDZ53)
