Government of Canada extends Mineral Exploration Tax Credit

March 2, 2009No Comments
March 2

TORONTO The Honourable Lisa Raitt, Minister of Natural Resources, today outlined measures that the Government of Canada is taking to support the Canadian mining industry. In particular, she noted that Budget 2009 included the extension of the Mineral Exploration Tax Credit (METC) for flow-through share investors by another year. This measure will help junior mining companies access the venture capital they need to finance their exploration activities.

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