First Nations Buy Into Canada’s Export Machine

Canada’s Credibility as a Global LNG Exporter Just Shot Up

Five First Nations—Haisla, Gitxaała, Gitga’at, Kitselas and Kitsumkalum—have secured an equity option of up to C$1 billion to acquire a storage tank associated with Phase 2 of LNG Canada.

This is what happens when government creates the environment and allows industry to find the best operating path.

Take your hand off completely, and the system can drift toward Wall Street excess. Try to control everything, and nothing moves. The difference between good government and bad government is balance: do not run the industry, but do not abandon the field either.