Support Refugees Fleeing Ukraine Invasion, B.C. Premier Urges – 100 Mile House Free Press

British Columbia Premier John Horgan said Monday his government would make its views known to the British Columbia public service pension fund about its investments in Russian oil companies and a bank. of state, but it cannot be run by politicians.

Opposition MPs called on the government to support an international effort to sanction Russia for its invasion of Ukraine and to speed up the development of liquefied natural gas to help Europe reduce its reliance on Russian gas.

BC Liberal MPs reminded the government that in 2021, BC Investment Management Corp. listed among its holdings $103.25 million in shares of Russian state bank Sberbank, $83.85 million in Lukoil, $32.2 million in Rosneft Oil and $19.16 million in Gazprom , the Russian bank. gas company. Opposition leader Shirley Bond said Rosneft was the main supplier of oil to the Russian military.

Horgan said the province’s $1 million donation to the Red Cross for its humanitarian efforts in central Europe and halting sales of Russian vodka and other spirits fall within his mandate, but the decisions of investment are taken by administrators. “But this is, I suggest, a call that British Columbians would like them to answer,” Horgan told the BC legislature Feb. 28. “It’s in the hands of who makes those decisions, I’ll let them follow the ball and make the right call.

Individuals can also help, he said. “I would also recommend, if these people have disposable income, that they approach the United Nations High Commissioner for Refugees. We are going to have a refugee crisis in Europe, and we have to be part of it here in Colombia. British.

Skeena MP Ellis Ross urged the government to fast-track several natural gas export permits, to help move Russian gas that has become a strategic resource for President Vladimir Putin’s regime.

Long approval times for resource development are a key reason for the creation in British Columbia of a new Department of Lands and Water to engage native land title holders and resolve disputes that have held back energy and mining projects.

“The global liquefied natural gas industry is already close to reaching its limits,” Ross said. “They can no longer produce. But here in British Columbia, we have a huge source of clean, safe, and ethical LNG. »

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Legislative Assembly of British Columbia Politics of British Columbia

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