Published on: 7/19/2002 4:25:00 PM Font Sizes:  Normal Text Large Text

Flow-through shares focus of study (5/02)


By: Northern Ontario Business Staff

The Ontario Ministry of Northern Development and Mines has joined the federal government, four provinces and the two territories to study new tax incentives for flow-through shares. The other provinces are British Columbia, Manitoba, Quebec and Saskatchewan. The participating jurisdictions hope the study will generate a better understanding about the ability of the tax credits to deliver private-sector investment to mineral exploration projects. The working group undertaking the study has been assigned to provide a preliminary report on the tax credits' effectiveness to the mines minister conference in October 2002.

 

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