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Canada Mining Industry Fiscal Regime Analysis including Governing Bodies, Regulations, Licensing Fees, Taxes and Royalties, 2023 Update

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    Report

  • 34 Pages
  • April 2023
  • Region: Canada
  • GlobalData
  • ID: 5864673
The publisher's 'Canada Mining Industry Fiscal Regime Analysis including Governing Bodies, Regulations, Licensing Fees, Taxes and Royalties, 2023 Update' provides a comprehensive coverage on the Canada's mining fiscal regime. It provides information on governing bodies, laws and regulations. The report also includes mining related taxes and royalties.

Canada is one of the largest mineral producers globally, producing more than 60 metals and minerals and is among the leading producers of potash, uranium, platinum, indium, aluminium, sulphur, cobalt, nickel, zinc, iron ore, graphite and copper. Furthermore, the country is one of the world's largest importers of bauxite, enabling it to be the world's fourth-largest primary aluminium producer.

Canada's mining industry is governed by different departments and agencies under provincial governments. However, in cases such as mineral activities on federal lands and offshore areas, as well as the usage of uranium as a nuclear fuel (from exploration to the disposal of mine waste), a pivotal role is played by the federal government. The Canada Revenue Agency (CRA) governs the tax-related laws in the country. It also manages several socio-economic benefit programs such as incentive systems delivered through the tax system.

Scope

  • The report provides a comprehensive coverage on the Canada's mining fiscal regime. It provides information on governing bodies, laws and regulations. The report also includes mining related taxes and royalties

Reasons to Buy

  • To help businesses navigate the complexities and comply with the necessary requirements
  • Obtain up-to-date information on mining sector taxes and payments
  • Enhance your decision-making capability in a more rapid and time sensitive manner
  • Conduct analysis to mitigate the impact of regulatory changes
  • Understand the regulatory framework
  • Gain an overview of the mining industry structure by identifying Canada's mining governing bodies, major laws and licenses

Table of Contents

1. Executive Summary
2. Country Overview
2.1 Macroeconomic Performance
2.2 Ease of Doing Business
2.3 Corruption Index
2.4 Minerals Overview
3. Governing Bodies
3.1 Mining Association of Canada
4. Laws and Regulations
4.1 Canadian Environmental Protection Act, 1999
4.2 Canadian Environmental Assessment Act, 2012
4.3 Metal and Diamond Mining Effluent Regulations, 2002 (Fisheries Act)
4.4 Department of Natural Resources Act, 1994
4.5 Resources and Technical Surveys Act, 1985
4.6 Species at Risk Act, 2002
4.7 Transportation of Dangerous Goods Act, 1992
4.8 Mineral Exploration Tax Credit (METC)
5. Leases and Licenses
5.1 Alberta
  • Coal leasing
  • Metallic and Industrial Mineral Agreements
5.2 British Columbia
5.3 New Brunswick
5.4 Nova Scotia
5.5 Saskatchewan
6. Taxes and Royalties
6.1 Corporate Income Tax (CIT)
6.2 Sales Tax
6.3 Withholding Tax
6.4 Royalty Rate
7. Appendix
7.1 Abbreviations
7.2 Methodology
7.3 Coverage
7.4 Secondary Research
7.5 Development Likelihood
  • Contact the Publisher
List of Tables
Table 1: Ease of doing business, global ranking, 2019-20
Table 2: Governing bodies and agencies by province/territory, 2023
Table 3: Key laws and regulations by province/territory, 2021
Table 4: Application fees for agreements, Alberta, 2021
Table 5: Fees for coal license, British Columbia, 2023
Table 6: Fees for coal lease, British Columbia, 2023
Table 7: Schedule of fees, New Brunswick, 2023
Table 8: Mineral exploration fees, Nova Scotia, 2023
Table 9: Corporate income tax rate (%) by province/territory, 2023
Table 10: Sales tax by province/territory, 2023
Table 11: Historical GST/HST rates by province/territory, 2008-2021
Table 12: Royalty Rates by province/territory, 2023
List of Figures
Figure 1: Country overview, 2023
Figure 2: Nominal GDP (US$ billion) and real GDP growth rate (%), 2001-22
Figure 3: Ease of doing business, global ranking, 2019-20
Figure 4: Corruption perception index rank, 2015-22
Figure 5: EoDB and CPI ranking, 2020
Figure 6: Mineral’s production trend, 2011-22
Figure 7: Mining capital expenditures in Canada (US$ billion), 2010-20
Figure 8: FDI in mining (US$ billion), 2011-21
Figure 9: Mineral exports and imports value (US$ billion), 2011-21