19:10:34 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 501,628,516
Close 2025-04-14 C$ 65.79
Market Cap C$ 33,002,140,068
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Globe says Fortis sees B.C. LNG net-zero rules eased

2025-04-15 07:43 ET - In the News

The Globe and Mail reports in its Tuesday, April 15, edition that the B.C. government has relaxed net-zero rules for the Ksi Lisims LNG project and similar proposals, due to uncertainty about the timeline for new hydroelectricity on the grid. The Globe's Brent Jang writes that instead of requiring net-zero greenhouse gas emissions by 2030, projects under review must now be "net-zero ready." The Ksi Lisims project, backed by the Nisga'a Nation, aims to use hydroelectric power from BC Hydro for liquefaction processes, moving away from the traditional reliance on natural gas turbines. Backers of B.C. LNG proposals must "demonstrate that the facility is net-zero ready if it is not possible, due to factors beyond the proponent's control, for the facility to access clean electricity by 2030," according to a document titled B.C. Climate Action Secretariat's Net-Zero Plan Requirements. The document said LNG proposals must devise a "credible plan" by 2030 to achieve net-zero using the best available technology. Besides Ksi Lisims, other energy proposals in B.C. include FortisBC's expansion plans at its domestic Tilbury LNG site in Delta and Summit Lake PG LNG near Prince George.

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