CDDA

Mineral Exploration Tax Credit (METC) program

February 16th, 2011 CDDA Comments off

To Chamber Members: Your help is needed

As you are aware, the Mineral Exploration Tax Credit (METC) program is due to expire on March 31, 2011. The PDAC and other mineral industry associations are advocating for the METC’s extension in the 2011 federal budget. This is critical to the success of our mineral industry in Canada, as it helps increase exploration financing by providing an incentive for Canadians to invest in exploration. This tax program is an important Canadian advantage for companies in need of capital. With the federal budget expected in March, we urge you to tell the federal government about the importance of the METC to your company and to the north.

Please send your letters to Finance Minister Flaherty and to your local Member of Parliament. Their addresses are:

The Honourable James M. Flaherty

Minister of Finance

House of Commons
Parliament Buildings
Ottawa, Ontario K1A 0A6

Email: jflaherty@fin.gc.ca

Mr. Dennis Bevington
Member of Parliament, NWT

House of Commons

Parliament Buildings
Ottawa, Ontario K1A 0A6

Email: Bevington.D@parl.gc.ca

Ms. Leonna Aglukkak

Member of Parliament, Nunavut

House of Commons