Supporting Canada’s mineral industry through COVID-19

The COVID-19 crisis is wreaking havoc on individuals, businesses and economies all over the world. Canada’s mineral exploration and development industry is not immune to the effects and PDAC is working hard to ensure that support is available to its members.

Information and advice is continuing to change rapidly. To help navigate the confusion, we have created this webpage to house COVID-19 resources that are relevant to our sector. We will provide updated material as it becomes available.

Please continue to monitor our social media accounts and revisit this page regularly for any changes. 

This page was last updated on August 14, 2020.

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Helping our members

We are in consultation with the Federal Government to ensure the concerns of our sector are understood.

The following outreach has been undertaken on behalf of the minerals sector to date:

  • Public consultation on Canadian Emergency Wage Subsidy (CEWS): Updated recommendations by PDAC to expand eligibility of CEWS to include pre-revenue companies that generate no revenue as calculated using normal accounting methods, excluding revenues from extraordinary items and amounts on account of capital. Read our letter to Department of Finance on June 3, 2020
  • Canadian Exploration Expenses (CEE) and Canadian Emergency Wage Subsidy (CEWS)We recommend pre-revenue companies are eligible for the CEWS, and flexibility be granted for up to 25% of eligible flow-through share funds to be spent on wages and other business expenditures. Read our letter to Department of Finance on April 22, 2020
  • Flow-through shares: We recommend that deadlines be deferred by an initial one year (to December 31, 2021) to allow flexibility for exploration companies with restricted site access and inability to conduct exploration work in the current environment. Read our letter to Department of Finance on April 9, 2020

Advocacy success - flow through extended

PDAC recommend the Government of Canada defer timelines associated with 2019/20 flow-through share funds by 12-months. We are pleased to see these changes proposed in the COVID-19 Economic Response Plan on July 10. 

 
Read the news release

PDAC provides recommendations for Federal Budget 2021
We responded to the Federal Government as part of the consultation process ahead of the 2021 Federal Budget. Our eight recommendations are focused on ensuring that the mineral exploration and development sector will be well positioned for recovery in the post-pandemic economy. Learn more about our recommendations in our Pre-Budget Submission.


Government of Canada assistance is available

Canadian Emergency Response Benefit: Temporary income support to workers who have stopped working and are without employment or self-employment income for reasons related to COVID-19. Available from March 15, 2020, to October 3, 2020. Apply no later than December 2, 2020.

Canada Emergency Commercial Rent Assistance: Unsecured, forgivable loans to eligible commercial property owners to reduce the rent owed by their impacted small business tenants, and to meet operating expenses on commercial properties. Property owners must offer a minimum of 75% rent reduction for the months of April, May and June 2020.

Canadian Emergency Wage Subsidy: Federal government will provide a 75% wage subsidy to businesses for salaries paid since March 15.

Emergency Business Account: Part of the Economic Response Plan, these are interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where revenues have been temporarily reduced.

Northern Business Relief Fund: Short-term support for ongoing operational costs to small- and medium-sized territorial businesses in the form of a non-repayable grant ranging from $2,500 to a maximum of $100,000. Funding will cover a maximum period of 4 months, retroactive to April 1, 2020.

Regional Relief and Recovery Fund: Nearly $1 billion in support to mitigate financial pressure experienced by businesses and organizations to allow them to continue their operations, including paying their employees; and to support projects by businesses, organizations and communities to prepare now for a successful recovery.

Other helpful resources

Canadian Securities Administrators: The latest updates on the impact of COVID-19 as it relates to the CSA, including news and information, relief options and FAQs.

Corporations Canada – Extending Annual Return Deadlines: Federally incorporated businesses, not-for-profit organizations and cooperatives whose anniversary date is between February 1 and June 30 now have until September 30, 2020 to file their annual return.

Income tax filing and payment dates: CRA and COVID-19: The deadline for filing income taxes was extended until September 1, 2020. Penalties and interest will not be charged if deferred payment requirements are met by this date.

TSX and TSXV relief measures for listed issuers: Timeframe extensions for holding annual shareholder meetings and approvals of stock option plans, as well as allowances for filing of financial statements and adjustments to share buybacks and delisting criteria.

Wellness Together Canada: Mental Health and Substance Use Support: Tools for Canadians who are concerned with their physical and mental well being. Resources include modules for addressing low mood, worry, substance use, social isolation and relationship issues.


Can you help in the fight against COVID-19?

The Government of Canada is calling on Canadian manufacturers and businesses to help combat COVID-19 by providing the following materials:

  • Disposable N95 masks
  • Disposable surgical masks
  • Nitrile gloves / Vinyl gloves
  • Gowns and coveralls
  • Eye protection
  • Hand sanitizer
  • ICU-level Ventilators / Ventilators
  • Thermometers

Learn more by visiting the website.



GlobalMedic is responding to some of the needs created by the COVID-19 pandemic, including those of remote communities throughout Canada where many exploration and mining projects occur.

Their works includes:

  • Critical Infrastructure Program
  • Hygiene and Family Kit Distribution
  • Emergency Food Distribution
  • Hand Sanitizer Program
  • Cash Assistance Program

Individuals and companies wishing to learn more about how to help can visit the GlobalMedic website for more information.

Contact us
About COVID-19

We welcome questions, suggestions and comments about anything on this page.

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