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Prime Minister Mark Carney and B.C. Premier David Eby are making an announcement in Vancouver.

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8,187 views500likes44:53CBCNewsOriginal Release: 2026-07-02

The Canada-British Columbia Cooperative Prosperity Agreement is a landmark federal-provincial partnership that commits over $200 billion in investments to transform the Canadian economy, with British Columbia serving as Canada's gateway to global markets. The agreement includes major initiatives such as accelerating LNG projects (LNG Canada, Ksi Lisims, Prince Rupert Gas Transmission, Cedar, and Woodfibre LNG) to meet the projected 60% increase in global LNG demand by 2040, investing $3.5 billion in the North Coast Transmission Line for clean electricity, and $500 million to expand the Red Chris mine to increase copper production by over 15% while reducing emissions by 70%. The agreement also includes $10 billion for Roberts Bank Terminal expansion to unlock $100 billion in new trade capacity, $3 billion for the George Massey Tunnel Replacement, and $630 million for affordable childcare. Key commitments include maintaining the northern tanker ban, creating a conservation area the size of Greece, establishing a national carbon credit framework, and building inclusively with First Nations partnerships. The agreement represents a generational commitment to sustainable, inclusive economic growth that prioritizes Canadian materials, workers, and environmental protection.