Natural Resources

With B.C.'s global competitive advantage strongly linked to resources, the province's economic future hinges on British Columbians' support for B.C.'s resource industries and projects.

The Issue: 

B.C. is, and will remain for the foreseeable future, a resource economy.

The ability to extract and export B.C.’s abundant natural resources will be a defining characteristic of communities’ economic prosperity.

B.C.’s ability to realize the economic rewards from our resource sector is challenged on a number of fronts, including regulatory and approval delays and opposition from First Nations and environmental groups.

Our Goal: 

The BC Chamber's goal is to build a culture where the public is informed about the importance of B.C.'s resource sector to the entire province's economic and community wellbeing.

Further to this, the Chamber's goal is to ensure that approval and regulatory processes are streamlined and expedited where possible.

We Recommend: 

We recommend that the provincial government:

  • support a sustainable framework for resource development;

  • support and recognise the one project, one review process;

  • work with First Nations to provide certainty and stability for private sector investment; and

  • take a more proactive role in educating the public about the importance of responsible resource development for all British Columbians.

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July 25, 2017
The Petronas-led decision to not proceed with building its Pacific NorthWest Liquid Natural Gas (PNW LNG) terminal in Port Edward is a loss for British Columbia – but the window is not closed. Liquid natural gas projects are possible in B.C.

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