Economics & Taxation

Friday, March 30, 2012

With an overwhelming emphasis on reducing expenditures, this week's Ontario Budget misses an important opportunity to increase provincial revenues from the mining sector. When compared with other Canadian jurisdictions, Ontario has the lowest corporate tax rate for mining and recoups the lowest share of the value of mineral production.

Monday, February 27, 2012

News release: (Montréal) "The survey by Léger Marketing on the mining industry confirms the relevance and importance of our work over the last four years,” said Ugo Lapointe of the Coalition Québec meilleure mine (Better Mining Coalition). According to the survey, a majority of residents of Québec including the Abitibi region (the most active mining area of Québec) agree that there is a need for further reforms to improve royalties, environmental protection and respect of citizens’ rights.

Thursday, February 16, 2012

News release: For over a decade, MiningWatch has been saying that Ontarians should be getting a better share of the resource wealth that is extracted in the province. MiningWatch welcomed the recommendation to eliminate a key tax break for mining companies and to review the mining tax system in the recently released report from the Commission on the Reform of Ontario’s Public Services, chaired by Donald Drummond.

Monday, May 2, 2011

In February 2011 the Government of Newfoundland and Labrador (NL) began a process to develop a mineral strategy for the province. This is a welcome initiative as the last comprehensive policy review for the mineral sector was in the 1970s. As a starting point the government released a discusion paper and then hosted a number of community consultations and two themed workshops. MiningWatch participated in a workshop titled Environment Sustainable Mining held in St. John's on April 7 and submitted written comments on April 14.

Tuesday, April 12, 2011

News release: Five organizations, from Zambia, Switzerland, France, and Canada, have filed a complaint today against Glencore International AG and First Quantum Minerals Ltd. before the Swiss and Canadian National Contact Points (NCP) for violating the OECD Guidelines for Multinational Enterprises.

Friday, February 4, 2011

A new report, commissioned by MiningWatch Canada and written by Joan Kuyek, cuts through the hype and raises important questions about the viability and potential benefits of developing the Ring of Fire’s chromite deposits.

Thursday, November 25, 2010

(Ottawa) Following Finance Minister Jim Flaherty's kick-off to his pre-budget consultations in Toronto Friday, Canadian environmental organisations released their priority recommendations for the 2011 federal budget, including measures that could save the government well over $800 million per year.

Monday, November 23, 2009

In anticipation of the annual Mining Day on the Hill lobbying frenzy, MiningWatch Canada would like to provide you with an alternative perspective on several important issues. The mining industry is one of the most policy-privileged industries in Canada. This is despite the fact that at home and around the world, the industry has generated massive environmental impacts, created social conflicts, and infringed on Aboriginal rights and title.

Friday, April 3, 2009

Quebec is one of the world’s most important mining jurisdictions with mineral production of 4.5 to 5.5 billion in 2006 and 2007 respectively. It has also been ranked as the world’s friendliest mining jurisdiction and called a “Mining Paradise” by its Minister of Natural Resources.

Thursday, January 22, 2009

Introduction

Prime Minister Harper has made a commitment to include the mining sector in an upcoming stimulus package. There is no denying that this sector, as with other industrial and resource sectors in Canada, is experiencing hard times. Metal prices have plummeted, fewer people are buying diamonds, and even the usually safe haven of gold has taken some tarnishing. Exploration is virtually stopped, development of many new projects is on hold and cutbacks or complete shut-downs are being announced at operating mines.