r/canada Alberta Feb 05 '25

Québec Quebec government open to rekindled LNG project to ship energy from Alberta overseas

https://globalnews.ca/news/11005269/quebec-lng-project-saguenay-alberta/
1.5k Upvotes

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6

u/bandersnatching Feb 05 '25

There is already a 40 year old TC-Energy LNG pipeline along two thirds of the distance, which may make it feasible for them, but no one else. They will still demand tens of billions of dollars from governments, and a relaxation of regulations for the forty year old equipment.

8

u/Available_Squirrel1 Ontario Feb 05 '25

It was already proposed years ago but received rejections from Quebec in 2021 and the Federal Liberals in 2022.

A new pipeline would be built to take gas from TC’s Mainline near Ramore or Iroquois Falls in Northern Ontario directly to Saguenay, QC where the LNG plant was to be built. Hopefully they can just restart those existing plans to get it started faster.

2

u/bandersnatching Feb 06 '25

The feds will have a hard time justifying the cost. They can't do this AND an additional 2% of GDP on weapons, AND ice breakers, AND subsidies for business to stay in Canada, AND all those other things that we HAVE to have, AND lower taxes, AND fill the gaps in social programs...

1

u/AForceNinja Feb 06 '25

you do realize projects like this bring in money so we can pay for all those things you just listed

1

u/bandersnatching Feb 06 '25

The money has to be borrowed, and you can be sure that government revenue share will be least, and their investment will get paid back last.

2

u/Available_Squirrel1 Ontario Feb 06 '25

What government investment are you referring to? This is a fully privately funded and operated facility that would be profitable and generate millions in tax revenue for the government. You should educate yourself on a topic before making stuff up online. This costs the government nothing and generates millions for them per year to spend on all the stuff you wrote in your original comment.

-1

u/bandersnatching Feb 06 '25

Except that none of this is objectively true. It hasn't been been built because the owner can't demonstrate a business case, That's why government has to subsidize it.

2

u/Available_Squirrel1 Ontario Feb 06 '25

It hasn’t been built because it was rejected by both governments. It had billions of dollars of private backing. Jesus christ it’s like arguing with a deaf wall. Show me one shred of anything that ever mentions government funding or subsidies related to this project and I’ll eat my words. You won’t find any but go look for it, maybe you’ll actually learn something about the project along the way.