Gas to ease sting of B.C.'s rejection to HST
British Columbia's rejection of the harmonized sales tax could turn out to be an indirect boon for energy developers.
As the province tries to stimulate the economy, create jobs and find new sources of revenue following last month's rejection of the HST, plans to speed up exports of natural gas to Asia figure prominently in a jobs strategy being rolled out by Premier Christy Clark this week. The full strategy will be presented by the Premier Thursday in a speech to the Vancouver Board of Trade.
In an interview Wednesday, Pat Bell, the Minister of Jobs, Tourism and Innovation, said the plan is based on nurturing core industries that have a reasonable chance of success, ensuring the infrastructure is in place, then working hard to market their products overseas. Bell led a successful campaign in the past decade to open new markets in China for B.C. lumber.
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