
Norwegian company has plans for LNG export project in Quebec
Marinvest Energy Canada says there's a strong business case for an LNG project in Quebec to export Canadian natural gas to Europe.
The company is offering few details about the project, but an elected official in Quebec's Côte-Nord region says it would be located in Baie-Comeau, along the north shore of the St. Lawrence River.
Quebec Premier François Legault says members of his team have met with representatives of the company.
Legault rejected a proposal for an LNG facility in Quebec's Saguenay region in 2021, amid widespread opposition to the project.
He has said Quebecers are now more open to fossil-fuel projects due to the trade war with the United States.
This report by The Canadian Press was first published July 4, 2025.
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Hamilton Spectator
3 hours ago
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Doug Ford heads west to meet with Danielle Smith and promote pipelines
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Hamilton Spectator
6 hours ago
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Most BNPL lenders don't charge any interest or fees on these loans if you pay on time, making them especially attractive to borrowers. According to Payments Canada, young and middle-aged Canadians aged 18-34 and 35-54, respectively, are much more likely to frequently use BNPL than older Canadians. But young Canadians appear to be relying more on these services to purchase necessities compared to middle-aged Canadians. While young people say their top reason for using BNPL is the ability to easily borrow or defer payments, middle-aged Canadians are using it primarily to budget, according to Payments Canada data. Young Canadians also included buying food and groceries among their top three BNPL purchase categories as opposed to middle-aged Canadians. 'The problem is, it's hard to make enough money in this country to actually sustain your life,' said licensed insolvency trustee Joshua Harris of Harris & Partners. 'This is just the next generation of payday loans ... baby boomers, they just go to Money Mart because they're more comfortable with that.' Harris said that, while he hasn't come across borrowers defaulting on grocery payments, he's increasingly seeing BNPL loans pop up in bankruptcy and consumer proposal filings. Often, the loans are on discretionary items, he added. 'It's that sweatshirt you don't need. It's that gadget for the kitchen you definitely don't need, and somehow people are getting stuck into this.' The Star spoke with two BNPL lenders, Affirm and Sezzle, who maintained that they don't benefit from customers overconsuming and falling behind on their payments. (Klarna did not respond to requests for comment and Afterpay declined to be interviewed for this story). That's because most of their revenue comes from charging merchants transaction fees, and not from late payment penalties. 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Hamilton Spectator
10 hours ago
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