The Terrace and District Chamber of Commerce says it’s pleased with the federal government’s decision to scrap duties impacting the LNG sector.
Finance Minister Bill Morneau has announced that Ottawa is providing relief from duties on fabricated steel contained in large LNG modules needed to build liquefied natural gas export facilities in B.C.
TDCC President Loralie Thomson calls the development a win and says the decision will be significant for the LNG Canada development at Kitimat.
The Chamber’s 2018 resolution calling for the federal government not to tax the large, complex, pre-fabricated LNG modules was supported 100% by the 400 chambers from across Canada.
LNG Canada says the decision will allow it to deliver a competitive project.