The Canadian Gas Association (CGA) has supported a number of initiatives set out by the federal budget, which it believes will help improve the lives of Canadians and drive Canada's economic growth and prosperity.
One of these initiatives is a commitment to move forward with the establishment of the new Capital Cost Allowance (CCA) rates to help support investment in LNG facilities in Canada.
The CGA also supports an increase in funding to the National Energy Board starting in 2015-16 , some of which will be used to enhance engagement with Canadians related to energy transportation infrastructure.
The budget also pledges further investment in R&D and technology.
Timothy M. Egan, President and CEO of the CGA, said: "These measures will help to provide more choices to consumers, improve the quality of life of Canadians, and make businesses and industry more competitive. All of this supports job creation, prosperity, and economic growth and natural gas utilities look forward to opportunities to work with the Government of Canada on these important initiatives."
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22042015/cga-praises-federal-budget-631/