B.C. to pass 25-year LNG law, but industry wants more; labour, tax concerns + MORE Jul 19th

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VICTORIA – A liquefied natural gas industry: the British Columbia government fought an election on it, launched an extraordinary summer legislative session and made financial concessions, but it still isn’t enough for the companies that want even lower taxes and have expressed concerns over the availability of workers.
The Liberal government’s LNG dream is expected to move towards reality this week when a bill is adopted for a 25-year agreement on what could be B.C.’s first LNG plant.
B.C.’s politicians were recalled this month to debate and pass a single piece of legislation that aims to provide certainty to LNG investors and revenues to the province.
“I think there’s more work to do in terms of making sure we are in fact globally competitive,” said B.C. LNG Alliance president David Keane. “I think the government has more to do.”
Pacific NorthWest LNG, a joint venture backed by Malaysian state-owned energy giant Petronas, plans to build a US$36-billion LNG plant at Lelu Island near Prince Rupert…

Continue Reading On canadianbusiness.com »

Trump stirs new controversy by hitting McCain’s war recordVictor J. Blue/Bloomberg/Getty
AMES, Iowa — Donald Trump blustered his way into more trouble as he criticized Sen. John McCain’s war record at a conservative forum Saturday, overshadowing fellow presidential candidates promoting their credentials to evangelical Christians.
The 10 White House hopefuls who converged on early-voting Iowa offered broad support for a crackdown on illegal immigration, a forceful approach to the Islamic State group that could include ground troops, and a devotion to Christian values.
They were vying for support from the more than 2,000 religious conservatives crowded into an Iowa sports arena at the annual Family Leadership Summit to listen to the candidates less than seven months before the Iowa caucuses kick off the state-by-state nominating contests.
Trump overshadowed a more substantive conversation by heaping fresh criticism on McCain, the party’s 2008 presidential nominee. It was the latest example of the real estate mogul’s willingness to take on his own party, a practice that both excites his party’s most passionate conservatives and worries Republican officials…

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