BC Mining Exploration Tax Credit (METC)

Expenditures made by eligible individuals and corporations conducting grassroots mineral exploration in British Columbia may qualify for the METC. The expiry date that a taxpayer may incur qualified mining exploration expenditures is December 31, 2016.

This refundable tax credit is claimed when filing the T-1 individual or T-2 corporation tax return form and is refundable to the extent it exceeds the taxpayer's income tax payable. Please view Information Bulletins and frequently asked questions for more information.