Govt extending support for mineral exploration in Canada

eAwazLocal News

Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the federal government will extend the 15-per-cent Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2025. The Mineral Exploration Tax Credit, which was scheduled to expire on March 31, 2024, provides important support to junior mineral exploration companies working …

Volkswagen’s New EV Battery Plant Will Create Thousands of New Jobs

eAwazLocal News

ST THOMAS — From mining critical minerals to building batteries and cars, Ontario and Canada continue to attract historic, transformational investments across the electric vehicle supply chain to secure more good-paying jobs for workers today and for decades to come. Last month, Ontario and Canada secured a historic investment from Volkswagen, Europe’s largest automaker. Volkswagen is investing $7 billion to …

Canada, UK Sign Critical Minerals Supply Chain Dialogue

eAwazCanada News

Toronto – There is no global energy transition without accelerated activity along the critical minerals value chain. Critical minerals are not just the building blocks of clean technology like solar panels and electric vehicle batteries — they are also a key ingredient for creating middle-class jobs and growing a strong, globally competitive Canadian economy. The move toward a global net-zero …