Urgent Action Required: Increased Capital Gains Tax threatens Flow-Through Regime

Good luck!

taxes anyone?

Be smart,do what is right.

Northern Jobs need to be protected.

Very important for the success of the mining minerals industry

Why change what works?

The flow through giving structure is an important strategic tool to facilitate philanthropic support of education that is becoming more critical to the success of our students. The ability of our donors to amplify their giving has created a degree of philanthropic opportunity that has shown to have a deep impact on the lives of our students.

We need this to finance exploration!

We need to keep it in order to support our mining industry

FTS are crucial for the mineral exploration industry. This is just a tax transfer, but it changes the mine industry.

The FTS has given Canada a distinct advantage over our competitors when it comes to funding mineral exploration. Let’s not lose that advantage.

High-paying jobs in high-cost-of -living northern community's is a must and the flow-through regime provides these means. As Canada looks to exert its sovereignty over the north, plus create a reliable source of metals for our secure growth, I cannot think of a more beneficial mechanism than flow-through shares. We need to keep finding mines in safe, responsible jurisdictions as we continue to deplete the current resources.

I have in interest in preserving the flow-through regime in the current form, to promote northern development and quality of life

For many years I was not a fan of flow through, as I believed a project needed to stand on its merits. But for the last ten years there has been a major assault against raising early stage risk capital as the banks and regulators continue to choke off the ability of small brokers and investment dealers to raise the necessary pools of risk capital required. These days, flow-through is the last resort for many companies with great projects struggling to get that initial capital. Minerals are the life blood of our society and metals are critical for the growing metal - based fuel revolution. The excellent career opportunities for professionals, men and women, are under threat. I sign this because the minerals industry in Canada is at risk of being choked into oblivion by the current oppressive rules, regs, and banks. This is occurring just as the industry is becoming regarded as an equal opportunity employer. Our kids future career opportunities are being diminished. STOP This assault on the mining industry!! Keep flow-through intact!

Thank you

Flow-through plays a critical role in financing exploration leading to discovery. The jobs created and taxes generated as a result benefit a broad range of stakeholders including the government tax collectors!

Tax deduction is very important to maintain mining exploration activities. Exploration is more important than ever in this broad shortage environment, it has to be accelerated, not stopped.

L'exploration du nord à besoin du régime des actions accréditives

100 % behind this request

4 years ago Featured

One of the few successful government programs - meets its objectives and maintains north eastern Canada - Quebec specifically, as a premier exploration - resource target in the world mining space. This program takes some of the high-risk out of the equasion of working in the north.