Canada is a world leader in mining with 19% of worldwide exploration and 50% of equity financing activity occurring domestically. The Minerals Industry is responsible for creating around 738,000 direct and indirect jobs and constitutes 4% of Canada?s Gross Domestic Product. However, Canada?s reserves of most major metals is steadily declining and with world demand continuing to grow new discoveries are needed. As a result, PDAC remains a strong advocate of the Mineral Exploration Tax Credit as a means of maintaining Canada?s competitive edge in exploration. Please click on the link below to view the complete presentation.