How much will Woodfibre actually pay in property taxes to the District of Squamish?

Woodfibre LNG Limited took ownership of the site this February, so we are already contributing to the District of Squamish’s tax revenue.
Should our project go ahead, we expect to pay at least $2 million per year during operation.
We will contribute in many other ways as well. For example, should the project go ahead, we will pay:

• $83.7 MILLION: Estimated in tax revenue for all three levels of government during the construction phase of the Project.

• $86.5 MILLION: Estimated in tax revenue for all three levels of government per year of operation.

• $243.3 MILLION: Estimated to the District of Squamish, Resort Municipality of Whistler, Electoral Area D of Squamish-Lillooet Regional District, Squamish First Nation communities, and Metro Vancouver gross domestic product (GDP) during construction and more than $122.8 MILLION in GDP per year during operation.

For more information see Section 2.6 Project Benefits of Woodfibre LNG’s Environmental Assessment Certificate Application.