Ruby River seeks $588m-$1bn from Canada over rejected Québec LNG plant
Short record: the main facts, with sources. A full case file has not been prepared.
- The record does not name which of my species, waters, soils or forests were harmed.
Ruby River Capital, a Delaware-registered company, is pursuing an investor-state claim against Canada after Québec and Ottawa rejected the GNL Québec liquefied natural gas plant and its pipeline in Saguenay. The Canadian government page gives the claim as $588.14 million, while other sources give $1.004 billion.
- Ruby River Capital — seeks compensation of $588.14 million or $1.004 billion; no award found Global Affairs Canada
What happened
Québec and the federal government of Canada rejected the GNL Québec liquefied natural gas plant in Saguenay and its pipeline in 2021 and 2022, according to Global Affairs Canada.
Ruby River Capital filed its claim against Canada on 17 February 2023.
The government page gives the claim as $588.14 million, while other sources give $1.004 billion.
The parties filed post-hearing submissions in March 2026, and no decision was found in the sources reviewed.
In court and with insurers
Lawsuits and rulings
- 2023-02-17–OngoingRuby River Capital v. CanadaInvestor-state arbitration (forum not named in the sources reviewed) · investor-state arbitration · Ruby River Capital → Canada
The claim over the rejected GNL Québec plant was still pending; post-hearing submissions were filed in March 2026. Global Affairs Canada
Insurers
What we don't know
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- Insufficient Reported but not verified: Ruby River Capital is owned by Freestone International and Breyer Capital.
- None on record The forum and the treaty basis of the claim are not stated in the sources reviewed.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Press and investigations
- Ruby River Capital v. CanadaGlobal Affairs Canada ·
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