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Canadian Government Extends Mineral Exploration Tax Credit

In Dust Control, Mine & Quarry, Soil Stabilization, Soil-Sement® by Jim Silva

With its decision to renew an important industry tax credit, Canada signals its support for mineral exploration. Earlier this year, the Canadian government extended the Mineral Exploration Tax Credit (METC) through March 31, 2019. The 15 percent tax credit aims to boost investment in small mineral exploration companies that are backed by venture capital.