The world has too much LNG—so why is Canada fast-tracking more?

Trends in global gas markets are flashing warning signs and pointing to mounting risks for Canada’s LNG strategy.  
Energy and Natural Resources Minister Tim Hodgson. The mismatch between rapid LNG supply growth and weak demand growth portends a price collapse, write Mark Kalegha and Olaf Weber. The Hill Times photograph by Andrew Meade
Opinion
BY MARK KALEGHA, OLAF WEBER
February 4, 2026

The Canadian government is attempting to fast-track policy initiatives targeting the build out of liquefied natural gas infrastructure, 

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