MSABC Welcomes Removal of PST on Electricity and Innovation Commitment in Budget 2017

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Vancouver, B.C. —  The Mining Suppliers Association of British Columbia (MSABC) welcomes the Government of B.C.’s commitment to phase out the Provincial Sales Tax (PST) on electricity used by businesses, with an initial reduction from 7% to 3.5% and full elimination by April 1, 2019. “The removal of PST used in mining was a key commitment made by the BC NDP as part of our industry’s recent Vote Mining campaign and we are glad to see Government delivering on this measure,” said Rodger McLean, Chair of MSABC & Senior Manager, Innovative Solutions at Britco Construction. “No other jurisdiction in Canada charges full PST on electricity used for mining so this will help level the playing field for mines and other businesses in our province,” added McLean. [...]  READ MORE ➔

MSABC Welcomes Balanced Budget and Continued Focus on Economic Growth in Budget 2015

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Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) welcomes a third consecutive balanced budget and continued investments to grow the B.C. mining sector in Budget 2015. “It is good to see Government maintaining fiscal prudence while continuing to lay the groundwork for continued economic growth in this Budget,” said Darold Thorp, Chair of MSABC. “Budget 2015 contains important measures to improve the mine permitting process, to attract new investments in mining and to ensure our workforce is prepared to capitalize on new opportunities,” added Thorp. [...]  READ MORE ➔

MSABC Disappointed by Government of Canada’s Decision to Block Development of BC’s New Prosperity Mine

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Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) was disappointed by yesterday’s announcement by the Hon. Leona Aglukkaq, Canada’s Environment Minister, that the New Prosperity mining project should not proceed due to adverse environmental effects that the federal government believes cannot be mitigated. “We were certainly surprised by this decision because the Government of BC had given assurances that any adverse environmental effects stemming from the development of the mine would be addressed through the provincial permitting process,” said Ken Roberts, Chair of MSABC. “It was all the more surprising that the federal government did not accept assurances from Taseko Mines Limited, which already operates a successful and responsible mine in BC, or from Knight Piésold, a highly reputable engineering firm, that the proposed mine operating plan addressed concerns raised in the initial federal review of the project,” added Roberts. [...]  READ MORE ➔

MSABC Welcomes Support for Infrastructure and Exploration in Federal Budget 2013

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Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) welcomes support for infrastructure development and mineral exploration in the Government of Canada’s Budget 2013. MSABC is pleased to see an additional $14 billion over 10 years to support infrastructure projects as part of a new Building Canada Fund. “It was through the development of gateway and trade corridor-related infrastructure that B.C. became a gateway of choice for trade between North America and Asia,” said Mike Ranallo, Chair of MSABC. “We continue to support investment in Pacific-Gateway infrastructure, which will enhance the competitive advantage of B.C. mining operations and create new jobs for construction and other support industries,” added Ranallo. [...]  READ MORE ➔

MSABC Encouraged by Commitment to Eliminate Deficit in Budget 2013

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Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) is encouraged by the Government of B.C.’s commitment to eliminate the provincial deficit in 2013-14 while maintaining targeted investments to build the B.C. economy. “With 41% of our exports now destined for Asia, including a significant portion of our mining products, we are pleased to see continued investment in provincial infrastructure in Budget 2013, including $30 million for Pacific Gateway infrastructure,” said Mike Ranallo, Chair of MSABC. “We also welcome targeted investments to provide more efficient permitting for mining exploration, including 60 day timelines for processing Notice of Work applications and the introduction of Multi-Year Area-Based exploration permitting,” added Ranallo. [...]  READ MORE ➔