Throne Speech Highlights Potential of LNG

The Honourable Judith Guichon, B.C.'s Lieutenant-Governor, delivered the government's priorities for the last legislative session before May's provincial election yesterday. The speech focused on the potential benefits of development of the liquid natural gas industry in British Columbia, and the creation of a British Columbia Prosperity Fund. The fund is projected to begin collecting royalties from liquid natural gas industries in 2017.

Of interest to UBCM and our Healthy Communities portfolio was a commitment to establish a senior's advocate to address elder abuse, as well as measures to improve access to early childhood services, access to affordable child care, and measures to help families save for post-secondary education. A promise to act on the small business priority of "better collaboration between different levels of government" was also made in the speech. Details on these measures will be announced in the weeks to come.

The speech re-affirmed the commitment to present a balanced budget at the legislature on February 19th in line with past budget promises.

Meta Navigation