An investigation from the Washington-based group found investments in B.C.'s Golden Triangle have the 'structural and operational attributes of a Ponzi scheme.'
Report claims companies use tax incentives to leverage big investments while foregoing millions in taxes using the "structural and operational attributes of a Ponzi scheme."
Report claims companies use tax incentives to leverage big investments while foregoing millions in taxes using the "structural and operational attributes of a Ponzi scheme."
A new report by the U.S. branch of the Environmental Investigation Agency says that investment interest and government tax incentives are fuelling intense mining exploration in remote northern B.C. raising concerns about the environmental impacts of the work and its financial implications.
As B.C. prepares to reveal its plan to take advantage of demand for critical minerals used in electric vehicles, solar panels and wind turbines, the association for mining in the province says more than a dozen new mines could average $1 billion in revenue each per year if they're approved.