McQUARRIE – Questions remain about LNG tax rates for proponents

Posted on January 22, 2017 in News // 1 Comment

IN THIS week’s column (January 17, 2017), I mistakenly described BC Hydro’s eDrive rate as being dissimilar from their Industrial rate.

In fact, Jennifer Siddon, Associate Vice President, Corporate Communications of Woodfibre LNG, correctly pointed out that they are both the same and available to all large industrial users.

I agree with Ms. Siddon, but does that mean LNG proponents will be treated the same as all other industrial rate users? That is a somewhat complicated question but for the most part, the answers can be found in a report prepared by the Canadian Petroleum Tax Journal.

Read more >>

About Mel Rothenburger (11807 Articles)

ArmchairMayor.ca is a forum about Kamloops and the world. It has more than one million views. Mel Rothenburger is the former Editor of The Daily News in Kamloops, B.C. (retiring in 2012), and past mayor of Kamloops (1999-2005). At ArmchairMayor.ca he is the publisher, editor, news editor, city editor, reporter, webmaster, and just about anything else you can think of. He is grateful for the contributions of several local columnists. This blog doesn't require a subscription but gratefully accepts donations to help defray costs.

1 Comment on McQUARRIE – Questions remain about LNG tax rates for proponents

Grouchy 1 // January 22, 2017 at 9:48 AM // Reply

Just say this in a short, truthful manner. This government gives out so much corporate welfare, that we , the taxpayer , end up paying these companies to take our resources. We get nothing in return.

LikeLike