Highlights from the 2007 Ontario Budget - Mining Tax

Information Notice 6021
Published: March 2007
Content last reviewed: September 2009
ISBN: 978-1-4249-3880-3 (PDF), 978-1-4249-3877-3 (HTML)

Publication Archived

Notice to the reader: This publication was archived and kept for historical purposes. Use caution when you refer to it, since it reflects the law in force at the time it was released and may no longer apply.

About this Notice

On March 22, 2007, a measure relating to the Mining Tax Act was announced in the 2007 Ontario Budget. The proposed amendment must be passed by the Legislature and receive Royal Assent to become law. This notice provides general information and is not a substitute for the legislation.

Diamond Mining

The Budget proposes to exclude diamonds from taxation under the Mining Tax Act, effective after March 22, 2007.

 
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