BC Business
Enbridge will not appeal a recent ruling from the Federal Court of Appeal that overturned Ottawa’s approval of the Northern Gateway pipeline. The court ruled in June that the federal government had not adequately consulted with Indigenous peoples who live near the route, which stretches across northern B.C. to an export terminal in Kitimat. This does not mean the end of the project, but a change in tactics. In a statement, company president John Carruthers said, “We believe that meaningful consultation and collaboration, and not litigation, is the best path forward for everyone involved.” (CBC) A Calgary-based company is investing in one of the lesser-known LNG projects, proposed by Steelhead LNG. Seven Generations Energy says it will take a minority stake in the Vancouver-based company, which currently has two LNG proposals in the works, Malahat LNG and Sarita LNG, on Vancouver Island. Seven Generations added the two companies have agreed to explore pipeline development and seek new overseas markets for natural gas. (Times Colonist) No more baggies? As corporate interests move into the marijuana business, concepts like brand development and services such as financing are replacing the under-the-radar practices of the strung-out basement dealer. Reporter Gemma Karstens-Smith takes a walk around a two-day marijuana exhibition in Vancouver to see the varied state and future possibilities of Canada’s cannabis industry. (Financial Post) Do energy-saving features sell a home? As the tools to make homes more energy efficient are increasingly accessible, many home renovators and builders are betting on green design features to raise value. But the reality of the market is difficult to assess. (Report on Business)