
Matt Kissinger
126:36 - 127:08
"you can also see that the provinces and Canada made necessary concessions to put that over the line, and it benchmarks well with other projects that have moved forward with respect to property tax and corporate tax."
“you can also see that the provinces and Canada made necessary concessions to put that over the line, and it benchmarks well with other projects that have moved forward with respect to property tax and corporate tax.”
Now, part of it was, you know, that it had Shell at the helm, and Shell really wanted to get the project done. But you can also see that the provinces and Canada made necessary concessions to put that over the line, and it benchmarks well with other projects that have moved forward with respect to property tax and corporate tax. Thank you. So Canada is moving forward They did some concessions. It's looking positive for them and we need to get on the ball.
Alaska Gasline Development Corporation testified to the House Finance Committee that Alaska's property tax structure would impose costs roughly 10 times higher than competing LNG projects, with potential annual taxes exceeding $800 million compared to $50 million at the next-highest jurisdiction. AGDC officials said property tax restructuring has been identified as a critical economic lever since 2020, though they acknowledged waiting until late March 2026 to bring legislation forward was a timing mistake.
