MSABC Welcomes Continuing Support for Businesses in B.C. Budget 2021

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) welcomes continuing support for businesses as they recover from COVID-19, and extended funding to help industrial customers finance emissions reduction projects in Budget 2021.

Budget 2021 includes several important measures to support B.C. businesses recovering from the COVID-19 pandemic, including $150 million to support the Increased Employment Incentive tax credit and $195 million for the Small- and Medium-sized Business Recovery Grant Program. “These provincial programs, in addition to measures from the federal government, have helped stabilize businesses during the pandemic and will help businesses expand as the B.C. economy recovers,” said Mike Abbey, Area Fire Sales Manager, Canada West, Johnson Controls & Chair of MSABC.    [...]  READ MORE ➔

An Update on MSABC Events for 2021

MSABC Update

An Update on MSABC Events for 2021

We are very excited to provide you with an update on MSABC’s plans for resuming in-person networking events this year. Until recently, it has been very difficult to guess when large, in-person events will be safe to be held again. If you have friends or family who have tried planning a wedding recently, you know exactly what we mean. Within days of MSABC postponing the 2020 Spring Fling due to COVID-19 uncertainties, the Government of B.C. declared a state of emergency prohibiting events with 50 or more people. That prohibition was tightened and remains in place today, however with a vaccination program now underway MSABC is in a better position to set dates for the resumption of safe in-person events. Notwithstanding new setbacks, such as vaccination delays or additional challenges related to COVID-19 variants, we are cautiously optimistic we will be able to proceed with the following events in 2021 and 2022.  [...]  READ MORE ➔

MSABC Launches New Logo and Website to Promote B.C. Mining Suppliers

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) is launching a new logo and website as part of its continued efforts to raise awareness of B.C.’s mining supply and services sector and this sector’s contribution to the provincial and national economies. The new logo, reflecting provincial colours and including the full name of the association, clarifies MSABC’s roots as a B.C. organization to audiences located outside of the province.

“Over the past decade, the B.C. mining industry has become increasingly interconnected with the larger Canadian and international mining ecosystems,” said Mike Abbey, Chair of MSABC and Area Owner Sales Manager, Canada West for Johnson Controls. “With head offices for several B.C. mining operations based outside of the province, in places such as Ontario and Australia, it’s important that our logo clearly reflects the strong mining supply and services center of excellence that exists in B.C.” [...]  READ MORE ➔

New PST Exemptions for Mining Equipment and New Mine Allowance Extended in BC Budget 2020

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) welcomes a new Provincial Sales Tax (PST) exemption for machinery and equipment purchased for pollution control and waste management in addition to an extension of the New Mine Allowance to 2025 in Budget 2020.

Budget 2020 allows mining operations to obtain machinery and equipment used for pollution control and waste management without paying PST, regardless of where the machinery will be used. “Previously, this exemption was subject to location constraints which meant that some pollution control equipment used further away from a mill or pit, for example, was not exempt from PST,” said Mike Abbey, Area Sales Manager for Johnson Controls and Chair of MSABC. “A mining operation can now purchase water treatment equipment to treat water at a location a significant distance away from their primary operations, without being charged PST on that purchase” added Abbey. [...]  READ MORE ➔

2019 One Province, One Economy Study

OVERVIEW

Mining Builds Communities

Mining helped build British Columbia into the province it is today. For generations, mining has been a critical source of jobs, community development and prosperity in every region of our province.Today, BC’s mineral explorers, mines and smelters, and the local businesses that support them, continue to be foundational to our province’s economy and its future growth, while providing the minerals and metals we all depend on.

Read the full document: One Province, One Economy — Benefits of British Columbia’s Mining Supply Chain[...]  READ MORE ➔

BC Budget 2019 Enhances Mining Tax Credits and Supports Lower Electricity Costs for Businesses

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) welcomes the extension of mining and mineral exploration tax credits as well as additional measures to support competitive electricity prices for businesses noted in Budget 2019.

Budget 2019 makes permanent the Mining Flow-Through Share Tax Credit as well as the Mining Exploration Tax Credit, both of which had been previously renewed on annual basis. “These tax credits help companies raise money for a variety of exploration activities in B.C., however there was always uncertainty surrounding their long-term availability,” said Rodger McLean, Chair of MSABC. “By making these tax credits permanent, investors know incentives will be in place for projects that take years to develop.” The New Mine Allowance under the Mineral Tax Act was also extended until the end of 2020. [...]  READ MORE ➔

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

FOR IMMEDIATE RELEASE

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 Supports Tailings Dam Inspections & Expert Panel Review in Response to Mount Polley Tailings Pond Breach

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) supports the independent engineering investigation and inquiry into the Mount Polley tailings pond breach, along with the independent third-party reviews of tailings ponds at all permitted mines announced today by the Government of British Columbia. “It is very important that we understand how this extraordinary event occurred so that we may then determine the measures needed to prevent future breaches and to rebuild public confidence in the tailings pond designs used in our province,” said Ken Roberts, Chair of MSABC. [...]  READ MORE ➔

MSABC Supports Continued Investment in Mineral Exploration, Infrastructure and Job Training in Federal Budget 2014

FOR IMMEDIATE RELEASE

Vancouver, B.C.  – The Mining Suppliers Association of British Columbia (MSABC) supports the Government of Canada’s continued investments in mineral exploration, infrastructure and job training in Budget 2014. “While staying on course for a balanced budget in 2015, we were pleased to see an extension of the 15% Mineral Exploration Tax Credit for flow-through shares,” said Ken Roberts, Chair of MSABC. “Especially in this period of continuing global economic uncertainty, the METC remains an important tool for gaining access to the capital needed for mineral exploration.” [...]  READ MORE ➔

MSABC Congratulates BC Liberal Party for Winning 2013 Provincial Election

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) congratulates Christy Clark and the BC Liberal Party for winning the 2013 BC provincial election. “We congratulate Premier Clark and her team for winning a hard-fought campaign,” said Mike Ranallo, Chair of MSABC. “MSABC looks forward to working with the new government, under the leadership of Premier Clark, to advance responsible mining projects and to support economic growth in all regions of BC,” added Ranallo. [...]  READ MORE ➔

BC Mining Industry Partners Launch Votemining.ca

FOR IMMEDIATE RELEASE

Vancouver, B.C. – Today, the Mining Association of BC (MABC), the Mining Suppliers Association of BC (MSABC), the Association for Mineral Exploration BC (AME BC), and the Coal Association of Canada (CAC) have launched a “Vote Mining” campaign to coincide with the start of the 2013 BC provincial election.

Through the campaign website www.votemining.ca, the Vote Mining coalition is encouraging British Columbians to join us in asking candidates how they will support a strong and vibrant exploration, mining and mineral processing industry in British Columbia. [...]  READ MORE ➔

MSABC Congratulates BC Miner Jim O’Rourke on Induction into the Canadian Mining Hall of Fame

FOR IMMEDIATE RELEASE

Vancouver, B.C. – The Mining Suppliers Association of British Columbia (MSABC) congratulates Jim O’Rourke, CEO of Copper Mountain Mining Corporation, for being selected as an inductee to the Canadian Mining Hall of Fame. “On behalf of MSABC, I would like to congratulate Jim for receiving this national recognition for his contributions to the development of a safe and sustainable mining industry in British Columbia and Canada,” said Mike Ranallo, MSABC Chair and Vice President, International Sales & Marketing for SMS Equipment Inc. [...]  READ MORE ➔

MSABC Congratulates Thompson Creek Metals Company on Opening of Mt. Milligan

FOR IMMEDIATE RELEASE

Vancouver, B.C.  – The Mining Suppliers Association of British Columbia (MSABC) congratulates Thompson Creek Metals Company on the official opening of the Mt. Milligan mine. The Dedication Ceremony was held today at the mine site. “The opening of Mt. Milligan is wonderful news, not only for the communities of Mackenzie and Fort St. James, but for all British Columbians,” said Ken Roberts, Chair of MSABC. “In addition to direct jobs, taxes and royalties, Mt. Milligan has created new sales opportunities for many of the 922 B.C. companies that provide supplies and services to mining operations, in every region of the province,” said Roberts. [...]  READ MORE ➔

BC Mining Suppliers Welcome Mike Ranallo, SMS Equipment, as New Chair of MSABC

FOR IMMEDIATE RELEASE

Vancouver –  The Mining Suppliers Association of British Columbia (MSABC) welcomed Mike Ranallo, Vice President International Sales and Marketing for SMS Equipment Inc., as its new Chair at the MSABC Annual General Meeting held in Vancouver on May 15. “I would like to thank the association for having confidence in selecting me to this very important position,” said Ranallo. “My plans are to continue to build upon the momentum that has taken us to the next level under the leadership and guidance of our outgoing Chair, Patty Moore,” added Ranallo. [...]  READ MORE ➔

MSABC Applauds Commitment to Responsible Resource Development in Federal Budget 2012

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) applauds the federal government’s commitment to the development of a responsible resource sector in Budget 2012. “MSABC is very pleased with the government’s commitment to establish a robust and more effective project review process and to provide new support for mineral exploration, Aboriginal consultation and small businesses,” said Patty Moore, Chair of MSABC.

Budget 2012 will support a robust and timely project review process by providing $54 million for the Major Projects Management Office to coordinate federal reviews and $13.6 million to support consultations with Aboriginal peoples. “These important measures will reduce delays by having a single responsible authority coordinating multi-departmental reviews at the federal level and by supporting Aboriginal consultations through the Environmental Assessment process,” said Moore. Budget 2012 also contains fixed timelines for project reviews and a commitment to recognize equivalency for provincial review processes. “Regardless of whether the ultimate decision is a ‘yes’ or a ‘no,’ investors need to know that they will receive a decision on a proposed mining project in a timely fashion,” added Moore. [...]  READ MORE ➔

MSABC Supports Commitment to Jobs and Fiscal Discipline in Budget 2012

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) supports the Government of BC’s efforts to accelerate the BC Jobs Plan and maintain fiscal discipline in Budget 2012. “With this budget, the Government is staying on track to meet the BC Jobs Plan target of eight new mines and nine expansions by 2015,” said Patty Moore, Chair of MSABC. “In 2010, existing BC mining operations supported 16,590 mining supplier jobs, so as these new projects move forward thousands of new jobs will be created for mining suppliers, contractors and consultants,” added Moore. The Government also announced it was on track to meet its BC Jobs Plan targets for reducing the backlog of notices of work for mining by 80 per cent by the end of August 2012, and for water and land-act tenures by 50 per cent by the end of December 2012. [...]  READ MORE ➔

MABC Report Confirms Province-Wide Employment Benefits from Mine Operations

FOR IMMEDIATE RELEASE

Vancouver – BC mining operations were responsible for supporting an impressive 16,590 mining supplier jobs across the province in 2010, according to a PricewaterhouseCoopers LLP (PwC) Economic Impact Analysis released today by the Mining Association of British Columbia (MABC). “What this report tells us is that for every worker employed at a mining operation there are at least two more employees supported at companies supplying that operation,” said Patty Moore, Chair of the Mining Suppliers Association of BC. The report found that in addition to the 16,590 mining supplier jobs, there were 8,195 directly employed at operating mines, 12,917 employed in mine construction, exploration and transportation, and 8,001 induced jobs, which combined for a total of 45,703 jobs supported by BC mining operations in 2010. [...]  READ MORE ➔

MSABC Congratulates Jim O’Rourke on Receiving Order of BC

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) congratulates Jim O’Rourke, President and CEO of Copper Mountain Mining Corporation, for his selection as a 2011 recipient of the Order of British Columbia. “Jim O’Rourke was instrumental in bringing several BC mines into operation, including the recently opened Copper Mountain Mine near Princeton and the Huckleberry Mine Project near Houston,” said Patty Moore, Chair of MSABC. “As a result, he has been responsible not only for the creation of thousands of direct jobs but also countless indirect jobs for British Columbians who work for companies that supply mining operations and the communities near them” added Moore. [...]  READ MORE ➔

Mining Suppliers Support HST over Return to PST/GST

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of B.C. (MSABC) appreciates the government of B.C.’s efforts to address concerns over the HST with today’s announcement to lower the harmonized tax by two points and issue rebates for families. “We are glad the government is taking steps to address these concerns, because our association believes it is important we retain the HST,” explained Terry Mulligan, President & CEO of MSABC. “The HST is a more efficient tax system that helps to improve the investment climate for building new mines and creating thousands of new jobs in our province,” added Mulligan. [...]  READ MORE ➔

Mining Suppliers Donate $25,000 to BC Children’s Hospital

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) has donated $25,000 to the BC Children’s Hospital as part of the 2011 Mining for Miracles fundraising campaign. “In addition to the thousands of dollars donated by our individual member companies and their employees, our Association was pleased to contribute $25,000 to this year’s campaign through Teck’s Celebrity Pie Throw,” said Patty Moore, Chair of MSABC.

MSABC donated to the Pie Throw campaign of Mining for Miracles Chairman Colin Joudrie, who was pied on Thursday after raising $268,900. Joudrie’s campaign also benefited from Teck Resources, which provided half of his total after generously agreeing to match donations for his pie. “In addition to supporting the Children’s Hospital, we also wanted to recognize the outstanding work Colin has done as Chairman of Mining for Miracles,” added Moore. [...]  READ MORE ➔

Mining Suppliers Welcome Federal Approval of Northwest Power Line

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) welcomes the federal government’s approval of the Northwest Transmission Line Project. On May 6, 2011 Infrastructure Canada and Fisheries and Oceans Canada announced the completion of their Environmental Assessment and their decision to allow the project to proceed, noting that it “is not likely to cause significant adverse environmental effects.”

“We would like to thank the federal authorities for their hard work to reach a timely decision on this project,” said Terry Mulligan, President & CEO of MSABC. “This decision clears the way for the commencement of construction and the creation of hundreds of new jobs,” added Mulligan. BC Hydro predicts that construction of the power line will create an estimated 280 jobs. [...]  READ MORE ➔

Mining Suppliers Applaud Continuation of Tax Measures in Budget 2011

FOR IMMEDIATE RELEASE

Vancouver – The Mining Suppliers Association of British Columbia (MSABC) applauds the Government of Canada’s extension of tax measures important to the mining sector in the Budget 2011. “In addition to the continued reduction of the corporate tax rate, mining suppliers will benefit from exploration activities stimulated by the one-year extension of the Mineral Exploration Tax Credit,” explained Patty Moore, Chair of MSABC.

Moore was also pleased with the extension of the two-year 50% accelerated capital cost allowance (ACCA) rate for investment in machinery and equipment undertaken by the manufacturing sector. “Suppliers will have another two years to take advantage of this policy for new investments in production technologies,” added Moore. [...]  READ MORE ➔