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ARTICLE · 13 MARCH 2013

The Government Announces A Forum On Mining Royalties To Be Held

Lavery
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In February 2013, the Minister of Finance and Economy and the Minister of Natural Resources announced the launch of forum on mining royalties to be held on March 15 in Montreal.

CanadaEnergy and Natural Resources
Sébastien Vézina
Sébastien Vézina

In February 2013, the Minister of Finance and Economy and the Minister of Natural Resources announced the launch of forum on mining royalties to be held on March 15 in Montreal. This announcement was made with respect to the undertakings taken by the Parti Québécois during the Québec provincial elections last fall, whereby the Parti Québécois promised to revise the province's mining tax regime. This initiative was thereafter expanded in the 2013-2014 budget, with the Parti Québécois promising to consult the mining industry and any concerned groups on the matter. The forum will be a key milestone of this process.

The forum will be co-chaired by Mr. Jacques Fortin (HEC Montréal) and Mr. Pierre Lasserre (UQAM-CIRANO). All interested parties, including the Québec Mining Association and the Québec Mineral Exploration Association, together with mining companies, are invited to submit comments on the implementation of a new mining tax regime.

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