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  • Author: Will Greaves
  • Publication Date: 06-2019
  • Content Type: Commentary and Analysis
  • Institution: Canadian Global Affairs Institute (CGAI)
  • Abstract: In October 2018, LNG Canada – a C$40 billion joint venture supported by some of the largest multinational corporations in the world, including Shell, Petronas, PetroChina, Mitsubishi and the Korean Gas Corporation – was approved by its investors, and a new chapter in Canadian political economy began. The project consists of a coastal liquefied natural gas terminal at Kitimat, British Columbia, which is fed by a 670-kilometre pipeline from the shale gas-producing region in the province’s northeast interior. It is the largest private-sector and natural resource investment in Canadian history, in a country where resource extraction still contributes more than 17 per cent of GDP. Moreover, LNG Canada is the cornerstone of the B.C. NDP government’s economic policy, promising to provide 10,000 jobs during construction and up to 950 permanent jobs once the project is fully operational. It will also create $5 billion in additional provincial GDP per year and $23 billion in new revenues over the project’s life, while spurring the growth of a new natural resource industry.1 Predicted economic benefits in the rest of Canada will total $2 billion per year and approximately $500 million in new federal revenues. These benefits will be in addition to an increase in the value of all Canadian liquefied natural gas exports of between $519 million and $5.8 billion per year, depending on market prices.2 Thus, it is not surprising that the federal government is also strongly supportive, and that Prime Minister Justin Trudeau was seated next to B.C. Premier John Horgan when the agreement was signed.
  • Topic: International Political Economy, Post Colonialism, International Affairs
  • Political Geography: Canada
  • Author: Bruce A. Heyman
  • Publication Date: 09-2016
  • Content Type: Commentary and Analysis
  • Institution: Council of American Ambassadors
  • Abstract: Canada is arguably our most important bilateral relationship. Our exceptional and unique ties are rooted in a common border that stretches for 5,525 miles, over 200 years of closely interwoven history and culture, our largest economic relationship worldwide, our similar values. We have amazingly intertwined supply chains; we work closely as NATO allies; and partner extensively to address global challenges. As President Obama put it during Prime Minister Trudeau’s visit to Washington in March 2016, “Of course, no two nations agree on everything...But in terms of our interests, our values, how we approach the world, few countries match up the way the United States and Canada do.”
  • Topic: Diplomacy, International Cooperation, International Political Economy, International Affairs
  • Political Geography: America, Canada