The Metals Report: Arie, the Canadian government recently introduced a new budget that contains changes to the tax code that are expected to affect mining companies with producing mines. John Gravelle, a mining expert for PricewaterhouseCoopers, recently called this legislation “a form of stealth resource nationalism.” What’s your view?
Arie Papernick: The budget proposes reductions to some of the tax benefits that can be passed to flow-through shareholders. The major impact is that some traditional pre-production expenses, also called Canadian exploration expenses (CEE), which … [visit site to read more]
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