Publication: CIM Magazine
Article Type: Blog post
Published on: February 22, 2019
British Columbia’s 2019 budget invests in greater mining oversight, makes provincial mining and exploration tax credits permanent
British Columbia’s budget will provide $20 million over three years to help the province’s Ministry of Energy, Mines and Petroleum Resources (MEM) reduce permitting timelines and establish a new Mines Health, Safety and Enforcement Division with an increased number of mines inspectors and a new auditing function.
The budget, delivered Tuesday, also included multiple recommendations from the mining jobs task force, which both the Mining Association of British Columbia (MABC) and the Association for Mineral Exploration (AME) applauded.
Funding for increased ministry staff dedicated to permitting, compliance and enforcement was one such recommendation that made it into the budget, part of a suite of actions suggested to improve regulatory transparency and predictability.
Read the full story: CIM Magazine website