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New York Times
07-07-2025
- Business
- New York Times
Looking Beyond the U.S. for Trade, Canada Begins Shipping Natural Gas to Asia
The voyage of a tanker loaded with liquefied natural gas and headed to South Korea from British Columbia is a pivotal moment in Canadian trade, the government says. It is the first natural gas shipment from a major Canadian plant to Asia as Canada looks to diversify its export markets in the aftermath of President Trump's trade war and annexation threats. The shipment on the Gaslog Glasgow comes a decade after a gas line project in Kitimat, British Columbia, was approved. Prime Minister Mark Carney has trumpeted the project, LNG Canada, whose plant, pipeline, gas fields, docks and other assets are worth 48 billion Canadian dollars (about $35 billion). 'Canada has what the world needs,' Mr. Carney said the day the tanker set off last week. 'By turning aspiration into action, Canada can become the world's leading energy superpower.' The Canadian gas shipment to Asia comes amid domestic tensions over energy production. Alberta, an oil-rich but landlocked province, is demanding more ports and the ability to run more pipelines through British Columbia to further globalize its own oil and gas market. But it's meeting resistance from British Columbians who don't relish more tanker traffic along their coastline or pipelines over their mountains. Environmental groups argue that exporting natural gas is incompatible with Canada's commitments to fight climate change. And many Indigenous people are contesting a new federal law to accelerate the approval of pipelines on their lands. A vast majority of Canada's oil and gas flow south. It sold about $6 billion worth of natural gas to the United States last year. But increased U.S. gas production has led to a decline in Canadian exports since 2010. And in the past 10 years, the United States has become the largest supplier of liquefied gas in the world. Want all of The Times? Subscribe.
New York Times
05-07-2025
- Politics
- New York Times
Carney's ‘Build, Baby, Build' Faces Pushback From Indigenous Groups
'Build, baby, build.' Canada's spin on the mantra has been a nationalist rallying cry of Prime Minister Mark Carney: Build 'Canada strong.' Build a Canada less dependent on the United States. Build an 'energy superpower.' That means to build, and quickly, projects of national interest that could include oil pipelines, nuclear facilities, mines, power grids, ports, roads and railways — all of it to create a stronger domestic economy and increase trade with countries other than the United States. 'We are going to build,' Mr. Carney said in his speech after winning the election in April. 'Build, baby, build.' But Mr. Carney's ambitions are facing a fierce backlash — building any enormous infrastructure would most likely require doing so on the ancestral lands of Canada's Indigenous groups. And they have denounced the government's vision even before the first shovels have been pushed into the dirt. Indigenous leaders, whose opinions were ignored in past nation-building periods, say that it must be different this time. In a new era of reconciliation between Canada and its Indigenous communities, they want a say — perhaps even a veto — over what gets built. 'It's up to governments to come and see us about decisions concerning our territory,' said Dave Petiquay, a traditional leader in Wemotaci, a reserve in Quebec of the Atikamekw First Nations people. 'But they don't. They come only after making decisions and passing laws.' Want all of The Times? Subscribe.
CTV News
16-06-2025
- Business
- CTV News
Saskatchewan premier says he can ‘get behind' Ottawa's energy superpower vision
Premier of Saskatchewan Scott Moe speaks to media following the First Minister's Meeting in Saskatoon, Sask., Monday, June 2, 2025. THE CANADIAN PRESS/Liam Richards CALGARY — Saskatchewan Premier Scott Moe says he can truly get behind some of the statements Prime Minister Mark Carney has made about making Canada an energy superpower. Moe says he can hardly be called a member of the 'Liberal booster club' and it's unusual for him to express support for that political stripe. But he says Carney's talk about moving forward nation-building projects to get Canadian resources to new markets is encouraging, though it must be backed up with action — and soon. Moe was speaking alongside Alberta Premier Danielle Smith at an event hosted by Enserva, an energy services industry advocacy group. The theme of the talk was the ambitions both Prairie provinces have to double their respective oil and gas production. Moe touted the idea of a 'port-to-port corridor,' through which energy and other products could travel to the northwest coast of British Columbia for export to Asia and to Hudson Bay for export to Europe. -This report by The Canadian Press was first published June 16, 2025. Lauren Krugel, The Canadian Press
National Post
04-06-2025
- Business
- National Post
Jesse Kline: Mark Carney fast tracks the road to serfdom
Have you heard the good news: our federal, provincial and territorial leaders all agree on the pressing need to build the critical infrastructure necessary to develop our natural resources, get them to market and turn Canada into an 'energy superpower.' Article content Yet despite all the optimism and goodwill expressed by Prime Minister Mark Carney and his provincial counterparts following the first ministers' meeting in Saskatoon on Monday, it's readily apparent that the seeds of disunity and obstructionism are already taking root. Article content Article content Article content At a Monday press conference, the leaders made a point of highlighting that this is a 'generational opportunity,' and that they are united in their quest to tear down internal trade barriers and build critical infrastructure. Article content Article content 'We are united. We're going to move this country forward, the likes of which we've never seen before,' said Ontario Premier Doug Ford. Article content Saskatchewan Premier Scott Moe called this 'a generational opportunity for Canadians,' while Manitoba's Wab Kinew noted that it's also a 'generational opportunity for some of the poorest communities in our country.' Article content Even Alberta Premier Danielle Smith expressed cautious optimism that the process will bear fruit for her province. Article content But, as usual, the devil will be in the details, and Carney spent an inordinate amount of time going over all the fine print. Article content While he promised to work 'with the provinces, the territories and Indigenous peoples to identify and expedite nation-building projects,' the catch is that they will have to be deemed to be 'in the national interest' by the Liberal brain trust, along with provincial and Aboriginal leaders who represent a host of often competing interests throughout this geographically and culturally diverse country. Article content Article content To be in the 'national interest,' Carney said that prospective projects will have to 'strengthen the Canadian economy, strengthen our autonomy, our resilience, our security, providing undeniable benefits to Canada, have a high likelihood of successful execution, be a high priority for Indigenous leaders and … drive Canada's clean growth potential.' Article content Article content Which pretty much gives politicians license to reject any project for any reason at all. Article content Premier Ford did express confidence in the prime minister's ability to create the 'environment and conditions for people to come here, companies to come here and invest,' which is exactly what we need. Article content But it's hard to imagine too many businesses risking their time, energy and capital when they know their investment could be flushed down the drain if the mandarins in the Canadian politburo think it doesn't meet Carney's criteria of being 'in the national interest,' having sufficient 'Indigenous participation, advancing clean energy' and providing 'material benefits to Canadians.'
CTV News
02-06-2025
- Business
- CTV News
Premiers huddle with Carney in Saskatoon to decide what major projects to prioritize
Prime Minister Mark Carney, front left, walks alongside Francois Legault, Premier of Quebec, as they are joined by first ministers as they arrives to take part in the First Minister Meeting at the National War Museum in Ottawa on Friday, March 21, 2025. THE CANADIAN PRESS/Adrian Wyld SASKATOON — Canada's premiers are meeting with Prime Minister Mark Carney in person for the first time since the federal election to pitch which major projects they think should get fast tracked. The recent campaign saw Carney vow to slash federal approval times on major infrastructure projects considered to be in the national interest to help make the country an 'energy superpower.' The full list of big industrial projects they're discussing is being kept secret, since they don't want to send a bad signal about anything that doesn't make the short list. But Ontario Premier Doug Ford says his pick is the Ring of Fire mining project in northern Ontario, while Alberta Premier Danielle Smith says she wants to see the Port of Prince Rupert become a major trade corridor. The first ministers are also expected to discuss breaking down interprovincial trade barriers, which would make it easier to purchase Canadian-made goods from other provinces and territories. Many provinces, including Quebec and Ontario, are coming to the table with legislation already put forward that would eliminate some of these longstanding blocks to internal trade. With files from Rob Drinkwater in Edmonton This report by The Canadian Press was first published June 2, 2025. Kyle Duggan, The Canadian Press
