This is from Natural Resources Canada. They seem to have a rational and non tax-hungry policy in mining there, lots of allowable deductions, they recognize the capital-intensiveness of mining with huge investments, machines and vehicles needed. Data as of January 2017.
Source: http://www.nrcan.gc.ca/mining-materials/taxation/mining-specific-tax-provisions/8892
I also read this report in 2013.
http://resourceclips.com/2013/12/03/mining-industry-has-paid-canada-71-billion-in-last-10-years/
$7.1 billion a year in mining taxes, that's big. On top of revenues by mining firms, job creation, community projects, etc.
The Philippines, which is supposed to be a mining powerhouse with an estimated mineral potential value of around US$ 1 trillion, is not able to optimize its mining potentials because of its generally unfriendly regulations and taxation policies.
The politics of envy and heavy ecologism is wrong.
-------------The politics of envy and heavy ecologism is wrong.
See also:
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