Ottawa gives $200 million to Woodfibre gas export project in B.C.

The federal government will give $200 million over three years to Woodfibre LNG. LNG is liquefied natural gas, cooled into a liquid so ships can carry it. The project is near Squamish, British Columbia. Energy Minister Tim Hodgson says the money will help raise output almost 25%, to 2.6 million tonnes a year. He says this helps Canada sell energy to more countries. He says the Squamish Nation, a First Nation, led its environmental review. It is about 75% built, and exports are over a year away, its boss says. An economist and the BC Green Party criticized the funding.