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B.C. Forecasts Increased Natural Gas Revenue Amid Declining Forestry Industry

NATURAL GAS

The B.C. government projects natural gas royalties to reach nearly $1.3 billion for the fiscal year ending March 31, 2027, a 38% increase from the current year. In contrast, forestry revenue is expected at $521 million, a 3% rise, but significantly lower than past years.

The budget also introduces a Stumpage Payment Deferral Program to assist forestry companies affected by U.S. tariffs and declining harvest volumes. The province anticipates a $13.3 billion deficit, while LNG projects are expected to bolster the economy.

B.C. Forecasts Increased Natural Gas Revenue Amid Declining Forestry Industry
Feb 19, 2026, 6:10 AM

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