B.C. mining flow-through share tax credit program extended for 2014

Must Read

RCMP looking for Susanne Rotmeyer

FORT ST. JOHN, B.C. - The Fort St. John RCMP are trying to locate Susanne Rotmeyer to...

Wilkinson aims to be B.C. premier after cabinet role, working as doctor and lawyer

VANCOUVER — Former cabinet colleague Bill Bennett warns anyone verbally sparring with B.C. Liberal Leader Andrew Wilkinson to be...

A QuickSketch of British Columbia Liberal Leader Andrew Wilkinson

A sketch of Andrew Wilkinson, leader of British Columbia's Liberal party:  Age: 63.   Family: Married to Barbara Grantham. They have...

The tax credit aims to help junior exploration companies attract investments and make discoveries of resources within the province. 

In a release Premier Christy Clark says “B.C.’s mineral exploration and mining industry is a great comeback story. It’s a vital part of our strong economy, supporting good paying, secure jobs across the province and the best is yet to come.”

Meanwhile Minister of Energy and Mines Bill Bennett says “Resource development is the backbone of our way of life in B.C. We’re extending the tax credit because junior exploration companies are on the front lines. It’s their discoveries that expand the mining sector and the province’s economy by finding new opportunities which create jobs not just in our rural communities, but in the downtowns of urban centres like Vancouver as well.

- Advertisement -

Exploration expenditures for 2013 are estimated to be at $476 million. That total is the second highest on record. 

Over the last ten years approximately $3.5 billion has been spent on mineral exploration in British Columbia.

- Advertisement -

Community Interviews with Moose FM

Subscribe to our newsletter

Get the latest news delivered to your mailbox every morning.

More Articles Like This