Government Budget Submissions
The Association for Mineral Exploration participates annually in provincial pre-budget consultations and related government consultation at both provincial and federal levels that addresses tax competitiveness.
In fall 2016, AME’s Taxation, Securities and Investment (TSI) Committee assisted with submissions to BC’s Commission on Tax Competitiveness (click here to read more) and BC’s Select Standing Committee on Finance and Government Services (click here to read more) for the 2017 provincial budget. See AME's response to the 2017 provincial budget here.
AME’s TSI Committee has also been working with the Prospectors & Developers Association of Canada (PDAC) on submissions to Finance Canada about the importance of flow-through share financing and the federal 15% Mineral Exploration Tax Credit (METC) to the industry in BC and across Canada. AME in partnership with PDAC and other organizations successfully advocated that the METC be renewed in the 2017 federal budget and that the flow-through share system be maintained. AME presented to the House of Commons Committee on Natural Resources in Ottawa on October 20, 2016 (click here to read submission). The METC was renewed in the 2017 federal budget following an announcement on March 6; see AME's response here.