Oceanic Wind Energy Inc V.NKW.H

Lets work together

[BayWall]

The U.S. tariff threat has added urgency to the BC government’s fiscal review. Eby acknowledged that programs viable last year may no longer be sustainable under current circumstances. Finance Minister Brenda Bailey, tasked with preparing the March 4 budget, is factoring in these uncertainties.

At the news conference, Bailey shared alarming economic projections if the tariffs materialize:

• A cumulative $69 billion GDP loss for B.C. over Trump’s four-year term.
• 124,000 fewer jobs in the province by 2028.
• A rise in the unemployment rate to 7.1% next year.
• A $6.1 billion decline in corporate profits this year.

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Despite all the  uncertainties, the North Coast Transmission Line must be built. Renewable energy projects to continue. How politicians/economists negotiate tariffs in the coming months will be complex. BC has to move forward. For that matter, Canada as a nation also.

 

Premier Eby, you’re on the right track on accelerating projects. Let’s work together and boldly lean into our strengths — our resources, our communities, and our First Nations — to build a more independent, diverse economy for the benefit of all British Columbians.

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Karen Ogen is CEO of the First Nations LNG Alliance, a collective of First Nations participating in, and supportive of, sustainable and responsible natural gas and LNG development. (Vancouver Sun)