Quebec Bill-43, Mining Act

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PwC has recently completed a brief, which was prepared for the Committee on Agriculture, Fisheries, Energy and Natural Resources. This committee will hold a special consultations and public hearings on Bill-43, Mining Act. The brief deals only with the provisions and sections of the Bill that could impact the financing of mine development in Quebec.

In order for mining companies to be able to benefit from capital, and for development projects in this sector not to be compromised, several provisions of Bill-43 require more detail or need to be amended to reduce risks and eliminate uncertainties in the following three areas:

  • Ore processing;
  • Agreement on economic spinoffs and the committee monitoring their maximization;
  • Financial guarantee

Read the full brief and learn more about PwC’s recommendations.