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Finance & Taxation

Canada's Mineral Exploration Tax Credit (METC): Mistakes, myths and misconceptions

Innovation is a hot topic these days. For most, the term conjures up images of geniuses playing foosball in the open concept offices of a high-tech company. Yet innovation is not just about gizmos and gadgets—it can also arise within the arcane world of taxation policy. One example of this, for which Canada is world renowned, is the ‘super flow-through’ share system that has revolutionized the ways in which companies finance mineral exploration activities and has made Canada the global hub for mine equity finance.

Read the full article in PDAC's Core magazine, or click the image below.

Read the full article in Core (Winter 2016)