The provincial government offered a suite of tax breaks and incentives for #LNG Canada that results in $5.35 billion in public subsidies, including:
Provincial sales tax exemption on the construction costs of the LNG facility
Special treatment under B.C.’s carbon tax
Lower electricity rates
Elimination of the LNG income tax
Access to the Clean Growth Incentive program
The federal government kicked in another $275 million in infrastructure improvements to support construction and increased marine protection to mitigate the impact of increased LNG tanker shipments. #bcpoli