Canada’s Miners Pay $3.9 Billion In Taxes And Royalties

Energy Investing

Globe and Mail reported miners paid $3.9 billion in taxes and royalties in Canada, with Saskatchewan contributing $829-million from potash and uranium.

Globe and Mail reported miners paid $3.9 billion in taxes and royalties in Canada, with Saskatchewan contributing $829-million from potash and uranium.

As quoted in the market news:

For instance, the report includes oil sands mining royalties in Alberta, which were the highest total for any individual category of mining, reaching $1.6-billion last year.

After Alberta, Saskatchewan had the second highest total, reaching $829-million, stemming from potash and uranium. British Columbia came next reaching $358-million, while Quebec came in fourth with $353-million.

Click here to read the full Globe and Mail report.

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