ICBA DAILY NEWS: LNG Canada, TMXs economic impact, and the B.C. political landscape [Video]

 Our Jordan Bateman is back with the latest updates on LNG Canada, TMX’s economic impact, and the B.C. political landscape.

🚢 LNG Canada Update: We continue to inch toward the startup of LNG Canada in Kitimat. Petronas, the Malaysian state energy firm that owns a 25% stake in the project, has announced it has purchased three new LNG vessels, doubling its shipping capacity from Kitimat to Asia.

🛢️ TMX Outperforming B.C.: Interesting data point on EnergyNow.ca this morning, pointing out that TMX will add 0.25 percentage points to Canada’s economic growth. That’s slightly higher than the entire province of B.C.’s contribution to national growth – pegged at 0.23 percentage points. This is another sign of how the Eby Government’s pivot away from natural resource development is slowing B.C.’s economy. As the piece says, “A key concern lies in the diminishing confidence among investors in B.C.’s resource industries. The ever-changing policies of the provincial government, …