The mining newspaper for Alaska and Canada's North

Canada expands mining tax credit

Canada's Department of Finance March 1 reported two mining-sector changes to the Income Tax Act (Canada).

In a speech to the Prospectors & Developers Association of Canada, Finance Minister Joe Oliver and Natural Resources Minister Greg Rickford said the federal government proposes to extend the 15 percent mineral exploration tax credit for investors in flow-through shares to March 31, 2016.

The c...

 

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