Ottawa announces $200-million funding toward Cedar LNG project in B.C.
- Ottawa announced it will contribute up to $200 million to the Cedar LNG project in Kitimat, British Columbia, which has an estimated total cost of nearly $6 billion and is expected to start operations in 2028.
- The Cedar LNG project is a partnership between the Haisla Nation and Pembina Pipeline Corp., aiming to be the largest Indigenous majority-owned infrastructure project in Canada and creating 300 jobs during construction and 100 permanent jobs after.
- Haisla Chief Councillor Crystal Smith mentioned that Cedar LNG will have one of the lowest carbon footprints in the world, aligning with their community's sustainability values.
- Federal Natural Resources Minister Jonathan Wilkinson emphasized that building a resilient economy with new export opportunities for Canadian energy suppliers is crucial.
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Ottawa Announces $200M Contribution Toward Cedar LNG Project in BC
Ottawa says it is contributing up to $200 million toward the Cedar LNG project on the northern B.C. coast. The money is coming through the Strategic Innovation Fund, which falls under the Innovation, Science and Economic Development ministry. The floating liquefied natural gas processing facility and marine export terminal in Kitimat, B.C., has a price tag of almost $6 billion and is set to start up in 2028. It’s being built under a partnership …
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