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CME welcomes BC LNG Project announcement

Published by Glenda Beaulieu on October 02, 2018

Canadian Manufacturers & Exporters (CME) welcomes today's announcement that the BC LNG project will be going forward. This $40 billion project, the largest private sector project in Canada's history, will mean significant opportunities for Manufacturers in BC and across Canada.

Andrew Wynn-Williams, BC Divisional Vice-President stated, "CME is pleased to see the BC LNG project go forward, especially considering there has been a great deal of uncertainty surrounding major projects in Canada. Energy remains a key component of Canada's export profile and this project will provide a significant boost to our overall economy and for manufacturers to take part in the supply chain. The potential economic benefits go well beyond the specifics of this project."

LNG Canada is a joint venture by Shell, Petronas, PetroChina, Mitsubishi and KOGAS. The companies believe B.C.'s short shipping distance and significant natural gas reserves give it a competitive advantage over plants in the United States with respect to Asian markets.


About Canadian Manufacturers & Exporter

Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released Industrie 2030 - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada's exports.

For more information, please contact:
Stefi Proulx
Director of Communications & Branding
Canadian Manufacturers and Exporters
613-292-6070
stefi.proulx@cme-mec.ca

 

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