resourceinvesting
On April 16, the Canadian government tabled its 2024 budget proposal. Called "Fairness for Every Generation," it is aimed at helping Millennials and Gen Zs, with C$535 billion earmarked by the Trudeau government for investments in housing, clean economy initiatives, childcare, healthcare and national security. But one section of the document has garnered widespread attention — changes to the capital gains tax scheme. Starting on June 25, 2024, changes to Canada's tax system will aim to “enhance fairness” by adjusting the inclusion rate for capital gains. Individuals with over C$250,000 in annu...
Investing News Network
Mining is one of the oldest industries on Earth. With activity stretching back as many as 40,000 years, human advancement is closely correlated to our relationship with metals and minerals. Indeed, modern society has been made possible through the extraction of metals and the ages this work has ushered in, from the historic Bronze Age to the more recent Industrial Revolution. Now, 54 years after the inaugural Earth Day, the world is preparing for the green energy transition. And as this essential shift moves forward, metals are again playing an integral role in achieving the ambitious goals se...
Investing News Network
As global scrutiny intensifies on corporate environmental, social and governance (ESG) practices, the mining sector is facing increasing pressure to demonstrate that its operations are sustainable. The resource sector is undergoing a transformation as stakeholders increasingly demand a unified standard for ethical practices. Just last year, four prominent mining associations — the International Council on Mining and Metals, the World Gold Council, the Copper Mark and the Mining Association of Canada — came together to develop a unified mining code. This collective, which represents 86 companie...
Investing News Network
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