B.C. LNG Export Terminal Sponsors Press for Tax Breaks
Posted on Sep 16, 2014 in Canada & Mexico, Federal Regulation, Policy, Legislation and Politics | Comments Off on B.C. LNG Export Terminal Sponsors Press for Tax Breaks
The Globe and Mail reports that the B.C. LNG Developers Alliance (Alliance), representing four of the largest sponsors of proposed LNG export terminals on British Columbia’s West Coast, recently sent a letter to Canada’s House of Commons Standing Committee on Finance requesting that the terminals be classified as manufacturing operations rather than distribution businesses to gain more favorable tax treatment. The members of the Alliance are Pacific NorthWest LNG (Petronas); LNG Canada Development (Shell Canada Energy); Prince Rupert LNG (BG Group); and the Kitimat LNG project (affiliate of Chevron Corp.).