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July 13, 2015

BC NDP say no to jobs and a US$36-billion investment

It’s officially summer in BC. But we’re not taking any vacation yet.

Our elected officials are back in Victoria to get to work on passing the legislation needed to get to “yes” on the Pacific NorthWest LNG Project.

MLAs are set to debate the details of a 25-year project-development agreement between BC and Pacific NorthWest LNG. If ratified, this $36-billion liquefied natural gas plant will create 4,500 construction jobs and generate $9 billion in government revenues in just one decade.

While our BC Liberal government has been hard at work building a new LNG industry, our friends across the house have been less than predictable.

Case in point: in October of last year, the New Democrats spent hours criticizing the bill that imposes a tax regime on any liquefied natural gas plants that open in B.C.

Then they voted in favour of it.

What will they do this time? Well, once again, BC NDP leader John Horgan is showing that he and his party have no concept of how to grow the economy and create investor certainty.

We’re introducing legislation today that builds a new industry, one that will have an impact right across the province, generating jobs and ensuring our kids have the skills they need to thrive. And the NDP is voting against that.

The NDP’s evolving rationale about why they won’t support jobs for working families is difficult to fathom. Union leaders and private sector companies agree that British Columbians will be first in line for these jobs; that it will generate $8.6 billion in revenue by 2030; that British Columbia will have the cleanest LNG in the world; and that nearly 90% of the 32 First Nations with proposed pipelines through their traditional territories have indicated their support through one or more pipeline benefits agreements.

But, if you look at just the past eight months, John Horgan the BC NDP have been all over the map when it comes to creating LNG in British Columbia. What investors want is certainty. They want a government they can trust and do business with – not like the opposition, which seems to be sticking its finger up in the air to gauge which way the wind is blowing.

We want to build a strong economy. We want a secure tomorrow for our children. This agreement moves us closer to those goals.

So when a company wants to invest $36 billion of their money in our province, we’re going to continue to find ways to provide certainty and get to yes. And with this special summer sitting of the legislature, we’re doing just that.

By Jillian Stead