Natural Resources Investment

Author Chen Yue

British Columbia is Canada’s second largest natural gasproducing province and recent discoveries of shale gas in northeastern B.C. provide even greater reserves of natural gas. British Columbia is expected to experience the most investment of any province in Canada as shale gas development proceeds and as LNG export projects are realized. In Asia, demand for oil and natural gas is growing at a rapid pace. The government of British Columbia has identified the potential to export up to 35 mtpa of LNG by 2025, driven in large part by expanding economies such as China and India. Lately, Numerous competing projects have sprung up and are expected to serve Asian markets.

Mr. Telfer and his wife, Nancy Burke, are also active with many charities and non-profit organizations in Vancouver.  Nancy is an honorary director of the Lions Gate Hospital Foundation Board (she joined the board in 2009) and she was the chairman of the Vancouver Playhouse International Wine Festival Bacchanalia Gala in 2007-2008.  As well, Mr. Telfer and his wife established the Fernwood Foundation, a charitable foundation that donates to various organizations including the Clinton Giustra Enterprise Partnership Canada, Adoptive Families Association of B.C., the Sarah McLachlan School of Music and Collingwood School.