Canadian Prime Minister Mark Carney and B.C. Premier David Eby unveiled this Pacific gateway strategy during the July 2 signing of the Canada-British Columbia Cooperative Prosperity Agreement, a federal-provincial pact aimed at accelerating energy projects, trade corridors, and major infrastructure across the province.
“Today’s historic agreement creates the conditions to transform the B.C. and Canadian economies to become more resilient, sustainable, and independent,” Carney said. “Together, we’re turning British Columbia’s enormous economic potential into lasting shared prosperity.”
This transformation is centered largely on northwestern B.C., where Ottawa is tying together Red Chris, the North Coast Transmission Line, the Stewart and Prince Rupert ports, First Nations partnerships, and liquefied natural gas exports into a broader strategy to connect Canada’s resource wealth to fast-growing Asian markets.
The B.C. prosperity strategy has two overlapping objectives – to unlock the rich resource potential of the province’s northwestern region and upgrade the power, port, and export infrastructure needed to ship Canadian energy and minerals to Pacific markets.
“This agreement is about building B.C.’s future – not just for this year, but for generations to come,” Eby said.
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