Important Tax and Training Measures Advanced in BC Budget 2018

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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.” [...]  READ MORE ➔

MSABC Welcomes Return to Balanced Budget and Investments in Environmental Assessments and Training in BC Budget 2014

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Vancouver, B.C. — The Mining Suppliers Association of British Columbia (MSABC) welcomes the return to a balanced budget and continued investments in exploration, environmental assessments and skills training in Budget 2014. “MSABC congratulates the provincial government on its prudent fiscal management and the return to a balanced budget with a plan to grow the surplus,” said Ken Roberts, Chair of MSABC. Roberts added, “MSABC also welcomes the extension of the BC Mining Flow-Through Share Tax Credit which provides, along with recently extended federal measures, an important source of capital for mineral exploration in BC.” [...]  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 ➔

Mining Suppliers to Gain from Proposed Northwest

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Vancouver – The Mining Suppliers Association of British Columbia (MSABC) is very pleased that BC Hydro has received an environmental assessment certificate for the proposed Northwest Transmission Line Project.

Many large-scale operating mines in B.C. exhibit low grade deposits and require access to line power in order to be viable. They cannot run economically on diesel generated power due to the cost and volumes of fuel required to be purchased, transported and stored.

“There are at least six mining projects with completed bankable feasibility studies that stand to benefit from access to this transmission line,” said Terry Mulligan, President & CEO of MSABC. “If these projects proceed they will create thousands of jobs for the companies that supply mining operations in B.C.” [...]  READ MORE ➔