The Yukon has a similar program and they spend $1.4 million in their Mining Incentive Program. We have identified $400,000 on an annual basis for our Mining Incentive Strategy. It's application-based and this year we received 12 corporate and nine prospector funding applications for a total of $1.1 million. We have to go through a review process to identify which ones we will fund. Certainly recognizing that mining is the largest part of our economy, it represents 40 per cent of our economy, we want to not only maintain what we have but we also want to find new prospects. Our experience with the Mining Incentive Program is that it has already provided for success in a number of claims that have been discovered using these funds, so certainly, I would want to entertain and look at the possibilities of what we can do to improve on the program.
Bob McLeod on Question 20-18(2): Incentives To Support Mineral Exploration
In the Legislative Assembly on February 19th, 2016. See this statement in context.
Question 20-18(2): Incentives To Support Mineral Exploration
Oral Questions
February 18th, 2016
See context to find out what was said next.