Feds announce $275M for 'largest private sector investment in Canadian history' — Kitimat, B.C.'s LNG project | CBC News

Cash earmarked for energy-efficient gas turbines needed for the $40B project and a new bridge in KitimatAn artist's rendering of the proposed LNG Canada project in Kitimat, B.C.Finance Minister Bill Morneau made the announcement Monday in Kitimat, announcing the $220 million will be directed toward buying energy-efficient gas turbines for the project, with the additional $55 million spent on replacing the Haisla Bridge in Kitimat, which is expected to see an increase in traffic.

"The Government of Canada is proud to support this historic $40 billion project that will get our resources to new markets," said Morneau. LNG Canada includes a liquefaction facility, a 670 kilometre pipeline from Dawson Creek and a marine terminal.The project represents the "largest private sector investment in Canadian history," according to a federal government news release.

The government claims LNG Canada will create 7,500 direct construction jobs and at least 300 permanent jobs in the new facility once completed. And so the @liberal_party "climate emergency" https://t.co/n9tsssQ3EF leads to another $220 million subsidy to LNG Canada. Even the @TheBeaverton will struggle to find a satirical headline to describe this https://t.co/NcP6zcPF0o #bcpoli #cdnpoli

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After a bumpy start in job market, future looks bright for university grads | CBC NewsWhile university grads find the job hunt slow out of the gate, they fare better than average in the labour market a few years down the road. Among people with a degree in the 25- to 44-year-old group, unemployment is below historical averages. | CBCNews News Do any universities include a plan where the initial cost includes the ability to return at a later date to take a course again? Ex: Business topics that may not have seemed relevant the 1st time thru, but are relevant once you have worked in business for 5yrs. News Employment is one thing, and having a secure job with good salary is another thing. Many of my friends have university degrees and job, but their salaries barely cover their expenses. What about quality of life and job satisfaction? Look at job satisfaction less than 50% !!!!
Source: CBC - 🏆 32. / 63 Read more »