Important Tax and Training Measures Advanced in BC Budget 2018
FOR IMMEDIATE RELEASE
Vancouver, B.C. — The Mining Suppliers Association of British Columbia (MSABC) supports several tax and training measures in Budget 2018 aimed at attracting investments in exploration and mining as well as preparing our workforce to capitalize on new development opportunities.
Budget 2018 extends the Mining Flow-Through Share Tax Credit for one year, to the end of 2018. “The extension of the Mining Flow-Through Share Tax Credit will help companies raise money for a variety of exploration activities,” said Rodger McLean, Chair of MSABC. “From project planning, equipment transport to finally drilling and testing core samples, B.C. companies that provide supplies and services for mineral exploration and mining activities will benefit from Flow-Through Share investments in 2018.” [...]