Natural Resources committee  The regulatory regime in New Brunswick is basically...for the royalties, we have what we call a net revenue tax, which is 2%, and then a net profits tax, which is 16%. That means that no matter how well or badly a mine is doing, we will receive some revenue on an annual basis fro

Natural Resources committee  There is that possibility, but I think it would be at a high level, because various jurisdictions across the country, north to south, have different issues to contend with. I go back to what I was saying with regard to the size of New Brunswick: it's a small province. People are

Natural Resources committee  Based on what I know, yes, you're absolutely right. From my experience with the mine approval process, a lot of companies do come in with the idea that this can be done in probably six months or in that order. This company didn't come in with that understanding. It knew it would

Natural Resources committee  Thank you very much for inviting New Brunswick to attend. I understand the focus is on development of mining in the north. As you're probably very much aware, New Brunswick doesn't really fall into that category. Northern New Brunswick gets a lot of snow in the winter, but beyo