• Provinces call on Ottawa to expand mining credit

  Source: Global News Politics
  Date: 2026-10-10 12:17:12.0
  Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]

  Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.

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• North Coast Transmission Line breaking ground to power economic growth

  Source: British Columbia - Government News
  Date: 2026-09-03 18:40:00.0
  Tags: [British Columbia, National, Infrastructure, Energy, Mining, Indigenous]

  The Government of British Columbia and BC Hydro, alongside federal funding support through the Canada-British Columbia Co-operative Prosperity Agreement and the Canada Infrastructure Bank, have broken ground on the North Coast Transmission Line (NCTL) to expand clean electricity infrastructure in northern B.C. The multi-phase project—consisting of Phase 1 from Prince George to Glenannan (completing by mid-2030) and Phase 2 extending toward Terrace (construction beginning in 2027 and completing by winter 2032)—will more than double transmission capacity to power major mining, energy, and industrial projects. Once finished, the NCTL is expected to employ 1,400 workers at peak construction, create 9,700 direct full-time jobs, contribute nearly $10 billion annually to provincial GDP, and generate approximately $950 million annually in provincial and municipal revenue. Additionally, the project involves ongoing negotiations to finalize co-ownership agreements with First Nations by the end of the year to ensure direct economic participation and sustained revenue sharing.

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