It commits to using that money exclusively for exploration expenses, which gives it the right to deduct that amount from its corporate taxes. (moneysense.ca)
A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration. (liberal.ca)
This is a benefit extended to individuals who invest in mining flow - through shares, equal to 15 % of specified mineral exploration expenses incurred in Canada. (moneysense.ca)