Canadian Gas Association Welcomes Federal Budget Support for Investment in LNG Facilities in Canada

By PR Newswire. 

The Canadian Gas Association (CGA) says the federal budget includes a number of initiatives that will help improve the lives of Canadians and drive Canada's economic growth and prosperity.

A number of positive initiatives were outlined in the budget including:

  • A commitment to move forward with the establishment of the new Capital Cost Allowance (CCA) rates to help support investment in liquefied natural gas (LNG) facilities in Canada. 
  • An increase in funding starting in 2015–16 to the National Energy Board, some of which will be used to enhance engagement with Canadians related to energy transportation infrastructure. 
  • Providing $58 million over five years, starting in 2015–16, to further protect the Government of Canada's essential cyber systems and critical infrastructure against cyber attacks. 
  • Further investment in research and development and technology.