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March 19, 2019: PDAC welcomes Federal Budget 2019 | |
admin | |
2019-03-19 | |
发布年 | 2019 |
语种 | 英语 |
国家 | 加拿大 |
领域 | 地球科学 |
正文(英文) | Ottawa (March 19, 2019) — Building on the 2018 Fall Economic Statement, the Prospectors & Developers Association of Canada (PDAC) is encouraged by the Federal Government’s 2019 Budget that includes measures aimed at helping Canada’s mineral sector enhance its competitiveness and regain its global leadership position. “As an industry that operates across the country— generating significant economic and social benefits in northern communities, Indigenous communities, and cities across Canada—it is imperative that the mineral sector has the means to responsibly capitalize on its natural resources, while also being able to compete globally,” says PDAC President Felix Lee. Federal Budget 2019 contains provisions that align with PDAC’s budget recommendations, including investments in Canada’s Arctic and northern regions, skills development, training and apprenticeships, and for Indigenous Peoples to advance reconciliation. As previously announced in the 2018 Fall Economic Statement, Budget 2019 also confirms tax measures including the Accelerated Investment Initiative and the much celebrated five-year extension of the Mineral Exploration Tax Credit (METC). The extension of the METC until March 31, 2024 is the first multi-year renewal of the METC since its inception in 2000, something PDAC has long championed. “The five-year renewal of the METC will help to provide greater certainty for the junior exploration sector and boost confidence for investors,” says Lisa McDonald, PDAC Executive Director. “It will help to catalyze investment in mineral exploration projects that lead to the discoveries that could become the mines of the future.” PDAC welcomes the following measures in Budget 2019:
Canada’s mineral exploration and mining industry generates significant economic and social benefits in remote communities, Indigenous communities, and cities, employing 634,000 workers and contributing $96.5 billion annually to GDP. It is the largest private-sector industrial employer on a proportional basis of Indigenous people in Canada. About PDAC Kristy Kenny 1-416-807-8214 [email protected] ![]()
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URL | 查看原文 |
来源平台 | Prospectors & Developers Association of Canada |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/102337 |
专题 | 地球科学 |
推荐引用方式 GB/T 7714 | admin. March 19, 2019: PDAC welcomes Federal Budget 2019. 2019. |
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