EDITOR: | April 21st, 2022 | 1 Comment

Four major mining industry takeaways from the 2022 Canadian Federal Budget

| April 21, 2022 | 1 Comment
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In this InvestorIntel interview with host Tracy Weslosky, CBLT Inc.’s (TSXV: CBLT) President, CEO and Director Peter Clausi discusses the four major mining industry takeaways from Canada’s 2022 Federal Budget.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), Peter Clausi talks about four major items in the budget that affect the mining industry, including $1.5 billion to support the domestic critical minerals industry with new infrastructure and “access to federal data”, and the proposed flow-through increase to 30% of the new Critical Mineral Exploration Tax Credit. He also discusses the $70 million earmarked to research and develop small modular reactors as a major policy shift towards reconsidering nuclear power, and the importance of partnering with First Nations.

To watch the full interview, click here

About CBLT Inc.

CBLT Inc. is a Canadian mineral exploration company with a proven leadership team, targeting lithium, cobalt and gold in reliable mining jurisdictions. CBLT is well-poised to deliver real value to its shareholders.

To learn more about CBLT Inc., click here

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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

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Editor:

Tracy Weslosky is the founder and CEO for InvestorIntel Corp. (2001-Present), a leading online source of investor information that since 2001 has provided public market ... <Read more about Tracy Weslosky>


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Comments

  • Jack Lifton

    Canada is far ahead of the USA in its support of mining in general. It is also far ahead of the European Union in that category. The Canadian Federal and Provincial governments understand the necessity and value of being principal suppliers to the world of vast quantities of the essential and critical metals and minerals upon which our technological standard of living is based. Whenever, as such in this case, the Canadian government takes positive steps to increase metal and mineral production the whole world benefits.

    April 23, 2022 - 6:50 PM

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