Department of Finance Canada
Symbol of the Government of Canada

Improving the Income Taxation of the Resource Sector in Canada

March 2003






Table of Contents

1. Introduction and Summary.

2. The Income Taxation of the Resource Sector: Background.

  1. Description of the Current Tax Structure.
  2. Considerations Underlying the Current Tax Structure.

3. The Income Taxation of the Resource Sector: Issues and Analysis.

  1. The Framework for Analysis.
  2. Reviewing the Resource Allowance.

4. The Income Taxation of the Resource Sector: An Improved Structure.

  1. Description of the Proposal.
  2. Analysis of the Proposal.

5. Conclusion.