Canada's federal government announced a C$200 million investment in the Woodfibre LNG export project in British Columbia, intended to raise its target capacity from 2.1 million tonnes per year to between 2.5 and 2.6 million tonnes. The project is under construction near Squamish and is expected to begin operations in late 2027.
The expansion adds LNG export capacity from Canada's Pacific coast, a modest addition to global gas supply that is unlikely to move feed commodity prices in the near term.
After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.