Tag: plans

Canagold Resources Summarizes 2020 Results and Outlines 2021 Plans to Advance the High Grade New Polaris Gold Mine Project, British Columbia

VANCOUVER, BC / ACCESSWIRE / January 14, 2021 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(FSE:CAN) highlights the results of its 2020 activities and outlines its 2021 plans to advance the high grade New Polaris gold mine project in BC and other gold exploration projects in the USA and Canada.

2020 Highlights: Corporate

  • Completed a name change to Canagold Resources Ltd. and a 5:1 share consolidation.
  • Strengthened the Board of Directors with the addition of Andrew Bowering.
  • Strengthened the Management Team with the addition of Troy Gill as Vice-President of Exploration.
  • Closed a private placement of common shares for gross proceeds of CAD $8.4 million.

New Polaris Project, British Columbia

  • Updated Preliminary Economic Assessment (PEA) for New Polaris at US$1500 gold price and $0.71 exchange rate which improved NPV to US$333 million and IRR to 56% after tax.
  • The undiscounted pre-tax, life-of-mine cash flow totals CAD$847 million with a 68% IRR and a

Canada plans to clamp new tax on foreign house buyers

OTTAWA (Reuters) – Canada is readying a new tax on overseas home consumers to assistance tamp down on speculative purchases from overseas, cited as a aspect driving sharp rises in housing price ranges in some marketplaces that have still left numerous Canadians not able to afford homes.

The new tax was talked about in a fiscal doc released on Monday, although number of information were being given. The timing and scope of the actions would very likely be outlined in the spring price range, anticipated in March or April, a senior federal government supply explained.

“Speculative demand from foreign, non-resident buyers contributes to unaffordable housing costs for lots of Canadians,” the govt said in its Drop Financial Statement.

“The govt is committed to making certain that international, non-resident entrepreneurs, who simply use Canada as a location to passively retail outlet their wealth in housing, fork out their fair share.”

International

Canada plans electronic tax in 2022 on world-wide tech giants this kind of as Fb, Google

OTTAWA (Reuters) – Canada ideas to impose a tax on organizations providing digital expert services from 2022 that will remain in spot until major nations come up with a coordinated tactic on taxation, the Finance Office mentioned on Monday.

The Organisation for Economic Cooperation and Improvement is functioning on a widespread technique to guarantee electronic behemoths, these kinds of as Alphabet Inc’s Google and Facebook Inc, pay back their share of taxes as the coronavirus hammers budgets.

Canada explained it was worried about a delay in reaching settlement. The risk of electronic solutions taxes has prompted threats of trade retaliation from outgoing U.S. President Donald Trump’s administration.

The new tax would come into impact on Jan. 1, 2022, and continue being in spot until finally a popular strategy is agreed upon. The evaluate would increase federal revenues by C$3.4 billion ($2.6 billion) about five many years, starting in the 2021-22

Canada plans to clamp new tax on foreign property consumers

OTTAWA (Reuters) – Canada is readying a new tax on overseas residence potential buyers to assist tamp down on speculative purchases from abroad, cited as a factor powering sharp rises in housing rates in some markets that have still left numerous Canadians unable to afford houses.

The new tax was talked about in a fiscal document released on Monday, while couple of specifics were provided. The timing and scope of the steps would probable be outlined in the spring spending plan, expected in March or April, a senior governing administration resource mentioned.

“Speculative desire from overseas, non-resident investors contributes to unaffordable housing price ranges for lots of Canadians,” the govt mentioned in its Drop Financial Assertion.

“The governing administration is dedicated to guaranteeing that overseas, non-resident homeowners, who simply just use Canada as a spot to passively shop their wealth in housing, pay their truthful share.”

International speculators have been

Canada plans to clamp new tax on international household prospective buyers

OTTAWA (Reuters) – Canada is readying a new tax on foreign household buyers to aid tamp down on speculative purchases from overseas, cited as a component driving sharp rises in housing price ranges in some marketplaces that have left many Canadians not able to manage residences.

The new tax was outlined in a fiscal document revealed on Monday, though handful of facts were being given. The timing and scope of the steps would possible be outlined in the spring price range, predicted in March or April, a senior federal government resource said.

“Speculative demand from customers from international, non-resident buyers contributes to unaffordable housing charges for quite a few Canadians,” the government explained in its Tumble Economic Assertion.

“The govt is fully commited to making certain that foreign, non-resident house owners, who just use Canada as a put to passively retail store their prosperity in housing, shell out their honest

Canada Plans Digital Tax in 2022 on Worldwide Tech Giants These kinds of as Fb, Google | Technological innovation News

OTTAWA (Reuters) – Canada strategies to impose a tax on businesses delivering electronic solutions from 2022 that will continue to be in location right up until key nations come up with a coordinated method on taxation, the Finance Division reported on Monday.

The Organisation for Financial Cooperation and Growth is doing the job on a common method to make certain electronic behemoths, these types of as Alphabet Inc’s Google and Fb Inc, fork out their share of taxes as the coronavirus hammers budgets.

Canada mentioned it was involved about a hold off in achieving settlement. The danger of digital expert services taxes has prompted threats of trade retaliation from outgoing U.S. President Donald Trump’s administration.

The new tax would appear into outcome on Jan. 1, 2022, and remain in position until a typical method is agreed on. The evaluate would increase federal revenues by C$3.4 billion ($2.6 billion) more than

Canada plans electronic tax in 2022 on world wide tech giants these kinds of as Fb, Google

Canada plans to impose a tax on corporations giving electronic products and services from 2022 that will continue to be in area until big nations appear up with a coordinated tactic on taxation, the Finance Department reported on Monday.

A Fb consumer logs in on his cell at a cafe in Hanoi, Vietnam November 19, 2020. REUTERS/Kham

OTTAWA: Canada strategies to impose a tax on firms giving digital products and services from 2022 that will stay in spot right up until significant nations arrive up with a coordinated technique on taxation, the Finance Division claimed on Monday.

The Organisation for Financial Cooperation and Progress is doing the job on a common solution to be certain digital behemoths, this sort of as Alphabet Inc’s Google and Facebook Inc, pay their share of taxes as the coronavirus hammers budgets.

Canada claimed it was anxious

Federal government plans international purchasers tax in bid to make very affordable housing

TORONTO — The Liberal govt states it will take methods around the next calendar year to tax international home owners who dwell outside of Canada as aspect of a program to decreased housing price ranges.

It really is an notion that has been developing in acceptance in excess of the final handful of many years in provinces this sort of as British Columbia, Ontario and Prince Edward Island, but some authorities problem how helpful these types of a program would be.

In this week’s fiscal update, the government says the system will profit 1st-time homebuyers and place a lot more properties on the market place by taxing home owners who use Canada to passively keep prosperity in housing.

Primary Minister Justin Trudeau reported very last yr his government would introduce these a tax, praising a very similar measure in British Columbia during his most the latest election marketing campaign.

The

Canada plans digital tax in 2022 on worldwide tech giants such as Fb, Google: Tech Information

According to Reuters, Canada options digital tax in 2022 on worldwide tech giants this kind of as Facebook, Google.

OTTAWA (Reuters) – Canada ideas to impose a tax on firms giving electronic services from 2022, which will stay in effect till important nations come up with a coordinated strategy to taxes, the Treasury Division mentioned Monday.

The Organization for Financial Co-operation and Growth is performing on a popular technique to promise digital giants, these types of as Google and Google from Alphabet Inc. Fb Inc, pay out their share of the taxes as the coronavirus hoards budgets.

Canada mentioned it was involved about a delay in achieving an agreement. The threat of taxation on electronic products and services has sparked threats of trade revenge from outgoing US President Donald Trump’s administration.

The new tax would enter into power on January 1, 2022 and continue being in impact until a widespread

Canada plans digital tax in 2022 on world-wide tech giants these as Facebook, Google

OTTAWA (Reuters) – Canada designs to impose a tax on organizations offering digital services from 2022 that will stay in position until key nations occur up with a coordinated method on taxation, the Finance Division stated on Monday.

The Organisation for Financial Cooperation and Advancement is doing the job on a common strategy to make certain digital behemoths, this kind of as Alphabet Inc’s Google and Fb Inc, shell out their share of taxes as the coronavirus hammers budgets.

Canada reported it was concerned about a delay in achieving settlement. The threat of digital providers taxes has prompted threats of trade retaliation from outgoing U.S. President Donald Trump’s administration.

The new tax would arrive into impact on Jan. 1, 2022, and continue being in location until a widespread solution is agreed upon. The evaluate would increase federal revenues by C$3.4 billion ($2.6 billion) about five decades, starting in the 2021-22