Editorial: What to expect from a Liberal government in Canada – by John Cumming (Northern Miner – October 20, 2015)

The Northern Miner, first published in 1915, during the Cobalt Silver Rush, is considered Canada’s leading authority on the mining industry.

The stunning return of the Liberal Party of Canada to majority status in the federal election held Oct. 19 surprised most people in Canada, who had expected at best a surge to minority government from third place behind the ruling Conservative Party of Canada and the New Democratic Party of Canada.

Instead, Canadians woke up to a new political landscape, with voters having taken the middle ground by rebuking the worn-out, pro-big-business Tories but not wanting to roll the dice on the more left-leaning, inexperienced NDP.

Shown the door were the two most recent ministers of natural resources: Conservative Greg Rickford lost his seat in Kenora, Ont., to Liberal Bob Nault, who had a close race with the former provincial NDP leader Howard Hampton; and previous Minister of Natural Resources and current Finance Minister Joe Oliver lost his seat in Toronto. Nault was quick to give some credit for his victory to First Nations communities in the the Kenora region, who mobilized to support him.

Indeed, one theme of the election was the growing political strength shown by aboriginal communities in Canada, with a record 10 indigenous people elected as members of Parliament, up three from 2011, and with a shift to Liberal from Conservative and NDP.

What should miners expect from a Liberal government?

With regard to corporate taxes, the Liberals have pledged to keep them at current levels and retain the 15% flow-through credit for mineral explorers.

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