Legislative Amendments In Response To COVID-19 For Flow-Through Shares Obligations In The Canadian Mining Sector - Energy and Natural Resources
To print this article, all you need is to be registered or login on Mondaq.com. On November 10, 2020, "Canadian Mining Sector Amidst COVID-19" discussed the use of flow-through shares ("FTSs") generally in the Canadian mining sector. It also highlighted some of the effects that the COVID-19 pandemic has had on the Canadian mining industry, as Canadian resource issuers attempt to satisfy their qualifying expenditure obligations as required by the Income Tax Act (Canada) ("ITA"). In July 2020, the Department of Finance Canada announced that it intended to assist Canadi...
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