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Flow-through • Issues & Advocacy

Survey on flow-through incentives

A study is now under way to assess the effectiveness of tax credit incentives for flow-through shares, specifically their ability to increase private sector investment in exploration projects across Canada. The results of the study, which is being carried out by the federal government and the governments of British Columbia, Manitoba, Ontario, Québec, Saskatchewan, Yukon and the Northwest Territories, will be reported at the next Canadian Mines Ministers Conference next fall.

If your company has raised flow-through since the new tax credit programs were announced at the end of 2000, would you take a few moments to complete this online survey. Information sought includes: flow-through funds raised; distribution of the funds; and benefits of using the federal and provincial tax credits. The British Columbia government is hosting the survey and will be tabulating the data on behalf of all of the governments involved.

The PDAC strongly supports this evaluation and applauds the governments involved for working cooperatively on the study. We encourage corporate members to complete and submit the survey. The association will use the results to further its exploration financing lobby efforts.

Click here to get to the survey http://www.em.gov.bc.ca/Mining/METC/SurveyformDB.asp. If you have any questions about it, please don’t hesitate to contact the PDAC, info@pdac.ca.

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