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Mark Carney reports that in September 2025, phase 2 of the LNG Canada project in Kitimat, British Columbia, was submitted to the Major Projects Bureau.
Today in Vancouver, LNG Canada announced a final investment decision of $33 billion for the project to proceed.
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Carney has previously discussed Canada's growing commercial ties in Asia. He reported that Vietnam is now Canada's largest ASEAN trading partner, as highlighted in an earlier article. The focus on expanding export and business opportunities continues to shape Canada's international economic strategy.