Get ready for major change

People on the North Coast should get ready - it is likely going to get very interesting and very, very busy in the months ahead.

People on the North Coast should get ready – it is likely going to get very interesting and very, very busy in the months ahead.

When Pacific NorthWest LNG announced a positive conditional final investment decision for an $11 billion terminal on Lelu Island in Port Edward, the reality of such a massive investment and the thousands of jobs it would bring with it will set in for people across B.C. and Canada.

If investors are looking to set up shop somewhere, Prince Rupert or Port Edward is now an extremely attractive option. The same can be said for businesses looking to get a piece of the $11 billion pie.

With this investment decision, which is contingent on having its environmental assessment approved and the inevitable passing of the project development agreement by the Legislature, Pacific NorthWest LNG has laid to rest any questions about the economic viability of shipping gas from B.C. They are not concerned about the cost of construction, they are not concerned about the price of the gas, they are not concerned about the tax regime and they are not concerned about the cost of construction in B.C. compared to other jurisdictions in the world. Even if there is some issue with the environmental assessment, which is doubtful given the mitigation factors and extra steps the company has taken to address concerns around Flora Bank, it tells the world LNG export can be commercially viable from the waters of B.C.

It’s a powerful statement and silences many who have been saying the LNG industry will never come to be in the province. For all intents and purposes this industry has arrived in B.C. and it has arrived squarely on the North Coast.

It means that, for better or for worse, major change is coming. Consider the change Kitimat underwent following the announcement of a $3 billion project that would actually result in fewer permanent jobs in the community.  Now multiply that investment and add several hundred permanent operational jobs.

This could be the turning point many have been waiting decades for, and it is closer now than ever before.


Just Posted

PRMSA wins association of the year honours

The Prince Rupert Minor Softball Association was honoured in Kamploops on Oct. 20

Incumbents and acclaimed mayors win elections all across B.C.’s north

Fraser Lake saw their first female mayor elected

Mayoral results from across B.C.

Voters in 162 municipalities in B.C. set to elect mayor, council, school board and more

Hop, hop and a fourth win for Rupert Rampage

Prince Rupert scored four goals in the first period of its 9-2 victory over Quesnel Kangaroos

Every vote counts: 10 tightest races in B.C.’s municipal elections

Peachland saw their election decided by just one vote

This Week Pocast – Episode 107

Rainbow Nation’s host Russel Adams joins the show to talk about elections, cannabis and Halloween

Delivering the paper as a family

The Northern View is looking for newspaper carriers in Prince Rupert, join our team today

Three strong earthquakes reported off Vancouver Island

The quakes, all measuring more than 6.0 on the richter scale, were about 260 kilometres west of Tofino

Voting set to start in B.C. proportional representation referendum

Two-part ballots now being mailed to all registered voters

B.C. oncologist changing the face of breast cancer treatment

Dr. Juanita Crook, a Kelowna oncologist, has seen 100 per cent success using brachytherapy to treat breast cancer in some patients.

B.C. Youtuber to seal himself ‘in a jar’ to demonstrate impacts of climate change

Kurtis Baute wants to see how long he can last in a 1,000 cubic foot, air-tight greenhouse

One of Taiwan’s fastest trains derails, killing at least 18

The train was carrying more than 360 people

Scheer marks one-year countdown to federal election with campaign-style speech

Conservative Leader insists that it will be Justin Trudeau who ‘makes it personal’

Canada Post union announces rotating strikes in four Canadian cities

Mail will still be delivered but it will be delayed

Most Read