CGA welcomes budget support for LNG

The Canadian Gas Association (CGA) says the federal budget includes a number of initiatives, including investments in LNG, that will help drive Canada’s economic growth.

A number of positive initiatives were outlined in the budget including a commitment to move forward with the establishment of the new Capital Cost Allowance (CCA) rates to help support investment in liquefied natural gas facilities in Canada, CGA said in a statement.

“These measures will help to provide more choices to consumers, improve the quality of life of Canadians, and make businesses and industry more competitive.  All of this supports job creation, prosperity, and economic growth and natural gas utilities look forward to opportunities to work with the Government of Canada on these important initiatives,” said Timothy M. Egan, President and CEO of the Canadian Gas Association.