Impacts of COVID-19 on the Canadian mining industry
Co-authored by: Eliane Leal da Silva, Business Advisor In the face of globally imposed restrictions to encourage social distance, numerous Canadian mining companies are being affected by the COVID-19 outbreak. Mining projects have slowed down, production has been suspended and […]
Flow-through share financings for mining exploration companies
Flow-through shares provide tax incentives for investors to invest in the equity of “principal business corporations”. A “principal business corporation” for the purposes of the Income Tax Act (Canada) (the “ITA”) includes a corporation of which the principal business is […]
Digging deep: Mining finance and blockchain
Banks to blockchains Historically, the mining industry has relied on traditional institutions such as banks and capital markets for financing needs. However, times are changing. More recently, mining companies have found it increasingly difficult to obtain financing through such traditional […]
Labour & Employment Issues in the Mining Sector
Ontario has approximately 40 underground mines, with about 25,000 workers, located mostly in Northern Ontario. Minerals such as copper, nickel, gold and other precious metals, diamonds, salt and gypsum are extracted. Ontario also has several thousand surface open pits, quarries, […]
