With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.
Issue link: http://digital.canadawide.com/i/1254353
INVEST in BC 2 0 2 0 45 Official Publication of the BC Economic Development Association. In special partnership with BCBusiness. NORTH COAST ▷ Hazelton ▷ Kitimat ▷ Masset ▷ New Hazelton ▷ Port Clements ▷ Port Edwards ▷ Port Simpson ▷ Prince Rupert ▷ Queen Charlotte City ▷ Sandspit ▷ Skidegate ▷ Telegraph Creek ▷ Terrace SHARE OF B.C. POPULATION 1.2% F or more than a decade, the prospect of developing a liquefied natural gas (LNG) industry tantalized North Coast communities hoping to get a piece of the multibillion-dollar facilities required to export Canadian natural gas to Asia. Now at last it is happening. As of year-end 2019, more than 1,000 employees were at work on the site of LNG Canada's terminal under construction in Kitimat. With a budget of $40 billion, LNG Canada is the largest capital project ever undertaken in the entire country. Its impact is being felt throughout the North Coast region—which now has the tightest labour market in B.C.—and beyond. Ground is being levelled, pilings are being driven into the soil, docking areas are being dredged to accommodate the tankers that will take the product to Asian customers, and temporary on-site accommodations are being assembled for 4,500 workers. Employment on the Gateway to Asian Markets Huge capital projects are transforming the North Coast economy JGC FLUOR/LNG CANADA CLEARING THE WAY: Dredging is taking place in Douglas Channel near Kitimat to allow future LNG carriers to dock