Securities & Taxation

AME BC understands that an effective and progressive securities and taxation regime is a critical component to encouraging investment in mineral exploration and realizing successful developments of mine projects.

To remain internationally competitive, AME BC works closely with industry, government and allied business organizations to help ensure that taxation systems in British Columbia and Canada are predictable, transparent and provide greater certainty. AME BC has been a strong promoter of lower taxation and enhanced tax credits for the mineral exploration sector including the Mineral Exploration Tax Credit (METC) and the Mining Flow-Through Share programs (MFTS).  

As well, following an inquiry to AME BC Members and after consultation with accountants and economists familiar with mineral exploration and development, AME BC has endorsed the Harmonized Sales Tax (HST). Mineral exploration companies and prospectors will benefit from the elimination of embedded Provincial Sales Tax (PST) in the products they purchase including heavy equipment and services.

HST’s Impact on Mineral Exploration Companies and Prospectors