Day late, dollar short for Canada
Weak prices and local protests are threatening Canada's LNG-export plans
Canada is keen to get in on the liquefied natural gas game. Faced with dwindling exports of natural gas to the US-its only foreign market-the country is desperate to find new buyers. It's looking to Asia. These efforts took a step forward in September when, after a three-year delay, the federal government approved Petronas's C$36bn ($27.12bn) Pacific NorthWest LNG project, which includes a C$15bn liquefaction terminal, associated pipelines and an upstream component. It was the first major energy infrastructure project Justin Trudeau's government has approved since he took office in May, and the sunset ceremony on Canada's picturesque pacific coast made for a perfect photo op. But barely 24 h
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