The 2011 Federal budget (“Budget 2011”) proposes that the Mineral Exploration Tax Credit, known also as the super flow-through share program, that was due to expire at the end of March 2011 be extended for an additional year to March 31, 2012. The temporary 15-per-cent Mineral Exploration Tax Credit helps companies raise capital by providing an incentive to individuals who invest in flow-through shares issued to finance mineral exploration.
Budget 2011 was tabled in the House of Commons on March 22, 2011 but was not adopted prior to the dissolution of Parliament on March 26, 2011.
- Senior Consultant
Chris advises on acquisitions and dispositions of mines and mining companies, project development and mine operations throughout Canada and the world. He has assisted in the structuring and negotiation of hundreds of ...
Christine practices environmental and Indigenous law, providing advice in respect of major project development, environmental assessment, permitting, operational matters and acquisition and sale of industrial projects.
Lawson Lundell's Environmental, Indigenous and Natural Resources Blog focuses on environmental, indigenous and natural resources law, as well as related litigation. Included are summaries of significant cases from Canadian appellate courts, changes in the legal framework governing resource development including energy and climate change policy, and key decisions from the more influential regulatory bodies in Canada.
Legal Disclaimer: The information made available on this webpage is for information purposes only. It does not constitute legal advice, and should not be relied on as such. Please contact our firm if you need legal advice or have questions about the content of this webpage.