The Clark Govt has once again delayed the announcing its LNG royalty regime (Tina Lovgreen / BCIT Commons)
British Columbians have been patiently waiting since before the Liberals were re-elected for an explanation of the financial terms that will deliver the much-vaunted 100 Billion-dollar LNG “Prosperity Fund” that will allegedly eliminate the provincial debt, lower taxes and underwrite the services we have come to rely on.
BC’s Minister for Natural Gas Development Rich Coleman has repeatedly committed to divulging the terms and conditions he intends to legislate into perpetuity since being re-elected based on these promises. We’ve been told that by slashing royalties (Read more…)
. . . → Read More: The Common Sense Canadian: BC LNG: All pain no gain as Liberals fail to deliver on tax regime…again