I'll start from this point. We already have the mineral exploration tax credit, which applies broadly at 15%. It's a 15% non-refundable tax credit on eligible exploration expenses. We also note that many critical minerals need additional support, as I noted in the point about price volatility and non-market practices.
This is why, under the strategy, we have also launched the critical mineral exploration tax credit, which is different from the mineral exploration tax credit. The critical mineral exploration tax credit is a 30% non-refundable tax credit for the list of critical minerals that you mentioned, Mr. Guay. It is harmonized in five provinces, when it comes to the provincial tax incentive, and it is to support exploration, to get it done and to get more critical mineral projects online.
