Written Submission for the Pre-Budget Consultations in Advance of the 2023 Federal Budget 

Five recommendations: 

1. All 31 Critical Minerals, per the Natural Resource Canada (“NRCAN”) list, should be eligible for the Critical Mineral Exploration Tax Credit (the “CMETC”); 
2. Critical minerals found in “bedded deposits” should be flow-through share eligible; 
3. Increase the Mineral Exploration Tax Credit (the “METC”) from 15% to 30% and the CMETC from 30% to 50% in Yukon, Northwest Territories, and Nunavut; 
4. Expand eligible Canadian Exploration Expenses (the “CEE”) to include expenses related to advanced exploration. 
5. Amend the ITA Regulation s.6201.1(5)(c) to Increase Resource Issuer Tax Compliance.