New Mine Allowance
No fixed amount
Tax Credit
Description:
The New Mine Allowance encourages the development of new mines and expansion projects. It is calculated as 1/3 of capital costs incurred during the development of the new mine or eligible expansion project.
Comments on Funding:
December 31, 2025
Eligibility:
Applicants must:
1. be mineral miners;
2. have eligible capital expenditures from the development of the new mine or expansion project;
3. have commercial operations;
4. be based in British Columbia.
Application Steps:
Applicants must contact Mineral, Oil & Gas Revenue Branch through:
Email: MOG.Mineral.Tax@gov.bc.ca
Toll Free: 1-800-667-1182
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.
