The Globe and Mail reports in its Tuesday, Nov. 11, edition that the second phase of LNG Canada is seen as a "game changer" for the country, according to federal Finance Minister Francois-Philippe Champagne. The Globe's Emma Graney writes that Mr. Champagne noted a shift in Canadian attitudes toward energy, emphasizing the importance of the energy sector for economic and national security. During a Calgary event, Mr. Champagne stated that there is growing openness to an "Energy Corridor," highlighting that natural resources play a vital role in national prosperity. The co-owners of the LNG Canada export terminal in Kitimat, B.C., are expected to decide in 2026 on a Phase 2 expansion that would double its capacity to 28 million tonnes per year. Global uncertainty and the U.S. trade war have prompted Canada to improve its energy security. The recent federal budget left many regulatory questions about the energy sector unanswered, including the previously proposed oil and gas emissions cap by former Prime Minister Justin Trudeau, which was not implemented. Instead, the budget suggested that the cap may not be necessary if the sector implements other pollution reduction measures.
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