• N.W.T. industry minister makes case for new federal mining incentives

    Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
    Date: 2026-10-15 10:00:00.0
    Tags: [National, Mining, Resources, Taxation, Industry, Economy]

    Northwest Territories Minister of Industry, Tourism and Investment Caitlin Cleveland lobbied the federal government in Ottawa to enact two new mining incentives: a 15 per cent stackable North of 60 Mineral Exploration Tax Credit for the three northern territories, and the inclusion of zinc as an eligible mineral under the 30 per cent clean technology manufacturing investment tax credit. Cleveland and N.W.T. and Nunavut Chamber of Mines CEO Paul Hébert argued these credits are essential to counter stiff global competition and revive northern mining activity amid closing diamond mines. Proponents of the PC Silver and Pine Point mines indicated that adding zinc to the clean technology tax credit would unlock projects capable of generating 1,000 construction jobs and 600 operational positions.

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  • 'Cool to be Canadian': Leaders optimistic their pitch to invest here will pay off

    Source: CBC Politics
    Date: 2026-09-14 19:59:47.0
    Tags: [National, Ontario, Economy, Taxation, Finance, Trade, Industry, Mining]

    Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto to attract foreign capital and secure $1 trillion in investments amidst trade friction with the United States. Minister of Finance François-Philippe Champagne announced that the Canadian Revenue Agency will prioritize advanced income tax rulings for investments exceeding $1 billion to reduce regulatory risk. The government's 66-page pitchbook featured more than 160 major projects, including Canada Nickel Company's Crawford nickel project, which is seeking $2 billion in funding.

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