Tom Mulcair’s NDP will strengthen the mining industry
March 1st, 2015 - 12:11pm
NDP leader Tom Mulcair outlined his plan to support Canada’s mining industry in a speech to the Prospectors and Developers Association of Canada (PDAC).
“Unlike the Conservatives who have put mining on the back burner, the NDP understands that this industry drives prosperity in Canada,” said Mr. Mulcair. “Canada’s New Democratic government will work with industry, aboriginal communities and the education sector to ensure mining and mineral processing create economic opportunities for a prosperous Canada.”
An Innovation Tax Credit, reducing the small business tax rate and extending the accelerated capital cost allowance for machinery are all part of the NDP plan. These measures will support the small businesses and contractors that are the backbones of mining communities and help mining companies hurt by the Conservatives’ cuts to support for capital intensive R&D.
Tom Mulcair also pledged that an NDP Government would create a respectful "Nation-to-Nation" relationship with Canada's First Nations, Inuit and Métis Peoples. “Everything our Government does will respect Treaty Rights, Inherent Rights and Canada's International obligations. This will ensure that all proposed investments will enjoy greater certainty. Sustainable development principles will be a reality under an NDP Government".
“These are concrete, practical proposals to strengthen our economy and make it work for Canadians,” added Mr. Mulcair.