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Action Needed for the Survival of the Canadian North & Mining Sector

42 Comments

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Hubert Parent-Bouchard
6 years ago

Thank you for the initiative...hopefully it is considered, else could be devastating for the sector. Regards,

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Ben Whiting
6 years ago

It is a reasonable request to extend the timelines of Flow-Through fonancing.

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Anonymous
6 years ago

thanks

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stephen yanow
6 years ago

Only a politician or a bureaucrat could think it's a good idea to cancel the program...shame on them

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Sean Roosen
6 years ago Featured

Keep the North employed. Exploration is R&D. We need an economy that can’t be moved to the lowest bidder like Tech and Manufacturing jobs are. Mines don’t move when the tax and subsidies run out like tech and manufacturing do.

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Peeyush Varshney
6 years ago

We need the government(s) to step up and help out on this issue. These are unprecedented times. Thanks.

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David Anderson
6 years ago

Extensions for flow thru expenditures mandatory to ensure jobs and quality control of implemented programs.

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Catherine Butella
6 years ago

Canada's economic recovery depends heavily on our natural resources and the thousands of ancillary jobs explorers and resource companies provide in the north and elsewhere.

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James McMillan
6 years ago

These are exception times worldwide. This simple change will help keep many employed in an industry that, when successful, benefits all Canadians.

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daniele spethmann
6 years ago

Exploration spending and mining contribute REAL dollars to the Canadian economy. Not only do our northern communities survive and thrive on exploration and mining - the tax revenues generated from production of gold, base metals and industrial minerals fill all government coffers - municipal, provincial and federal. Helping the Canadian exploration and mining industries helps all Canadians.

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Rebecca Schwartz
6 years ago

I fully support this!

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John Vegt
6 years ago

We need the natural resources sector to thrive again.

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Mitch Whyne
6 years ago

Needed due to extraordinary circumstances facing Canada and the world

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Terence Ortslan
6 years ago

Canada's future is and will be the NORTH.. na the Northstarts a few humdred miles noprth of aput majot cities all the way to Baffinland and Ellesmere Island and further .. THINK BIG...

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Lev Bukhman
6 years ago

Preserving investment in the economy is critical to the future of Canada

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Johnny Oliveira
6 years ago

I would go a few steps further. 1. Exploration companies should be eligible for the wage subsidies for those who continue to employ their employees seeing that almost none of us have revenues. 2. I think all care and maintenance costs between March 15 and until normal operations resume should reduce flow through obligations. This would allow us to keep employing office staff and management and save them from collecting EI. Companies have budgeted hard dollars to last the year for which we are required to make these expenditures. If we are given another year to spend exploration $'s we have now got to go fund head office costs for another year. In this market that is almost impossible. I f these costs count as flow-through it would help keep a lot of these Companies a float.

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Nadim Kara
6 years ago Featured

With so many restrictions on movement in place, it only makes sense to extend the timeline over which companies are able to spend flow-through funds. It's a simple change that would sustain the integrity of this important financing mechanism for juniors, protecting people, communities, investors and companies.

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Peter Clausi
6 years ago

I fully support this petition. Without an extension death lurks for the juniors.

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Michael Cathro
6 years ago Featured

We want to go back to work and spend exploration dollars in a socially and environmentally way. It would really help if these temporary changes to flow-through share rules can be implemented. That way the money can be spent efficiently, when the Covid-19 crisis is behind us, and rural and remote communities are ready for the work to restart.

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Kingsley Noel
6 years ago

Let's keep the mining going!