July 31, 2013
Drew Hasselback, Financial Post, National Post
This fall, Quebec’s legislature will consider several proposed amendments to the province’s Mining Act. The question is whether these changes will permanently impact the province’s reputation as a mining friendly jurisdiction.
Why is Quebec threatening miners with the proverbial stick when it would make more sense to foster development by encouraging it with the proverbial carrot?
“Normally, when you want to foster an activity in your jurisdiction, as a legislature or as a state you create incentives,” notes Hugo-Pierre Gagnon, a lawyer in the Montréal office of Osler, Hoskin & Harcourt LLP. “I would have thought the government would have focused more on the incentives.”
The full article is available here.