“Quebec has incentives including unique-in-Canada refunds of 8%...

“Quebec has incentives including unique-in-Canada refunds of 8% of exploration-related development or 16% of pre-production development; allowances for projects in northern Quebec that cover 25% of exploration expenses and for bringing projects into production; and a 15-year tax holiday for major investment projects.

There’s also the resource tax credit, which provides a refund of up to 38.75% of eligible exploration expenses; and a bonus to the typical Canadian flow-through share system, where investors in Quebec can deduct up to 120% of the cost of their investment.”

Sayona has already received some of these incentives and will no doubt receive more in the future.

The fifteen year tax holiday for major projects is interesting!