{"id":3262,"date":"2019-03-21T21:11:00","date_gmt":"2019-03-21T21:11:00","guid":{"rendered":"https:\/\/amq-inc.com\/budget-2019-2020-du-gouvernement-du-quebec-un-budget-qui-soutient-le-secteur-minier-indirectement\/"},"modified":"2023-04-17T18:14:10","modified_gmt":"2023-04-17T18:14:10","slug":"budget-2019-2020-du-gouvernement-du-quebec-un-budget-qui-soutient-le-secteur-minier-indirectement","status":"publish","type":"post","link":"https:\/\/amq-inc.com\/en\/budget-2019-2020-du-gouvernement-du-quebec-un-budget-qui-soutient-le-secteur-minier-indirectement\/","title":{"rendered":"Qu\u00e9bec Government budget for 2019-2020 : a budget that supports the mining sector\u2026 indirectly"},"content":{"rendered":"\n

Qu\u00e9bec City, March 21, 2019<\/strong>\u00a0\u2013 Without offering any direct measures to support mineral development in Qu\u00e9bec, the first budget tabled by the Legault government includes some promising measures to accelerate the issue of environmental authorizations, support infrastructure development and promote the energy transition. In the view of the Qu\u00e9bec Mining Association (QMA), the budget shows that the Qu\u00e9bec government wants to stimulate the economy and that major industrial projects that contribute to this objective are welcome.<\/p>\n\n\n\n

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\u00ab The government’s 2019-2020 budget does not contain any direct tax measures to give mining companies more breathing space. However, it does provide support for a number of initiatives which, indirectly, promote mineral development in Qu\u00e9bec. In its budget, the government sends a clear message in favour of a stronger economy, and the mining industry will be ready and willing to support the government’s objectives. \u00bb<\/p>\n\n\n\n

\u00ab Overall, the QMA reacts positively to the Legault government’s first budget. It clearly expresses the goal of accelerating approval for the environmental aspects of investment projects, and therefore addresses a concern frequently raised by our members and by the QMA. We hope that this measure will quickly lead to results. \u00bb<\/p>\n\n\n\n

\u00ab Mining companies spend around $8.5 billion every year on their operations. They are key players in economic development for Qu\u00e9bec as a whole, and not just in the mining regions. Since they contribute $1 billion each year in taxes to the Qu\u00e9bec government, it is clear that the government has an interest in supporting the mining sector to ensure Qu\u00e9bec’s socio-economic prosperity. \u00bb<\/p>\n– Jos\u00e9e M\u00e9thot, QMA president and CEO<\/cite><\/blockquote>\n\n\n\n

<\/div>\n\n\n\n

Relevant measures in the budget<\/h3>\n\n\n\n

The budget measures welcomed by the QMA include:<\/p>\n\n\n\n

\u2022 Reducing approval times for investment projects, by hiring additional personnel;<\/p>\n\n\n\n

\u2022 Allowing the costs associated with obtaining and maintaining sustainable development certification to be deducted as an allowance under the mining tax regime;<\/p>\n\n\n\n

\u2022 Providing support for training for the local and Aboriginal workforce in the North, in particular by<\/p>\n\n\n\n

o developing training in response to certain special needs in the North; and
o hiring liaison officers for optimizing the integration of Aboriginal workers into the labour market.<\/p>\n\n\n\n

\u2022 Encouraging businesses to use artificial intelligence;<\/p>\n\n\n\n

\u2022 Improving regional infrastructures:<\/p>\n\n\n\n

o ensure access to a high-speed Internet connection and broadband cellular network in all regions;
o support the extension of the natural gas distribution network;
o support the implementation of transportation logistics for liquefied natural gas on the C\u00f4te-Nord;
o support the development of the Soci\u00e9t\u00e9 ferroviaire et portuaire de Pointe-Noire;
o support the QcRail project;
o support the development of multi-user infrastructure in northern areas.<\/p>\n\n\n\n

\u2022 Supporting businesses in their energy transition process, in particular by<\/p>\n\n\n\n

o introducing a component for large projects under the Technoclimat program;<\/p>\n\n\n\n

o introducing a component for large industrial projects under the \u00c9coPerformance program.<\/p>\n\n\n\n

<\/div>\n\n\n\n

About the Qu\u00e9bec Mining Association<\/strong><\/p>\n\n\n\n

The Qu\u00e9bec Mining Association (QMA) was founded in 1936 and speaks proactively for mining companies involved in exploration, extraction and processing, mining contractors and junior mining companies, along with suppliers, institutions, non-profit organizations and other mining sector partners. It is proud of the 40,540 jobs and total expenditure of $8.5 billion generated by Qu\u00e9bec’s mining industry over the last year. The QMA\u2019s mission is to promote, support and proactively develop a responsible, committed and innovative mining industry in Qu\u00e9bec.<\/p>\n","protected":false},"excerpt":{"rendered":"

Qu\u00e9bec City, March 21, 2019\u00a0\u2013 Without offering any direct measures to support mineral development in Qu\u00e9bec, the first budget tabled […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[112],"tags":[],"class_list":["post-3262","post","type-post","status-publish","format-standard","hentry","category-communiques-de-presse-en"],"acf":[],"yoast_head":"\nQu\u00e9bec Government budget for 2019-2020 : a budget that supports the mining sector\u2026 indirectly - Association Mini\u00e8re du Qu\u00e9bec<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/amq-inc.com\/en\/budget-2019-2020-du-gouvernement-du-quebec-un-budget-qui-soutient-le-secteur-minier-indirectement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qu\u00e9bec Government budget for 2019-2020 : a budget that supports the mining sector\u2026 indirectly - 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