Canadian taxation of mining industrial minerals

CIM Bulletin, Vol. 72, No. 811, 1979

R.D. BROWN, F.C.A. Price Waterhouse & Co.

This article summarizes some of the principal features of the taxation of industrial mineral mining in Canada. Where the rules applicable to such operations differ from those pertaining to the production and processing of precious and base metals (non-industrial minerals), the two sets of rules are compared.If a conclusion could be drawn from such an over-all comparison, it may be that the total tax burden on an industrial mineral mine can be considerably more onerous than on both base metal mining operations and manufacturing profits.