THE VOICE OF THE CANADIAN

MINING INDUSTRY SINCE 1935

Government’s wage subsidy to bring relief to Canada’s mining companies

Canada’s Prime Minister, Justin Trudeau, has recently announced that the government will be extending the wage subsidy to include businesses of all sizes. This is a critical component of a package of reforms designed to help businesses keep workers employed as the economy transitions through the COVID-19 pandemic.

Canada supports mine EVs with accelerated tax write-off

Justin Trudeau, Canada’s prime minister, has announced the extension of an accelerated tax-write off to include a number of electric mine vehicles. The write-off will allow companies to expense the full cost of the equipment the year that it is put in use. Although the government first introduced the ability to immediately expense the cost […]

Canada tax write-off for mining EVs welcomed by MAC

The Mining Association of Canada (MAC) declared support for the government’s commitment to write-off the full cost of clean energy equipment. The Canadian government will extend the business tax deduction for zero-emission vehicles and equipment to cover mining operations, Prime Minister Justin Trudeau announced Monday, as he believes the sector has an important role to play in the fight […]

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