busting: What Canadians need to know

FACT: LNG is often framed as an economic opportunity — but the economic case for Canadian LNG is much weaker than advertised by governments and industry. In simplest terms: we’re late to the party. B.C.’s LNG export industry is ramping up just as the global market is becoming oversupplied, with recent forecasts predicting that demand for natural gas could decline as much as 78 per cent by 2050. LNG Canada (Phase 1) started operations in 2025, and multiple other LNG export facilities are under construction or approved, including LNG Canada (Phase 2), Woodfibre LNG, Cedar LNG, and Ksi Lisims LNG…