Mining News

Miners happy with Canada’s 2014 budget

Posted by Cheryl Rutledge on 2/13/2014 3:06:01 PM

By Dr. Kenneth P. Green

Over at Mining.com, Cecelia Jamasmie discusses the ramifications of the 2014 federal budget to the mining sector. The budget features she highlights are an extension of the 15% Mineral Exploration Tax Credit, and the budget’s focus on improving educational opportunities for the First Nations. Cecilia discusses 5 things you need to know about this year’s budget, which includes (with the tax credit): thin capitalization rules; GST/HST election for closely related persons; offshore captive insurance companies; and eligible capital property rules. Read the whole thing.




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