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Tax battle, indigenous opposition – add to woes of uranium company Cameco

Multi-million dollar tax battle casts shadow over Canada-India uranium deal, Vancouver Observer The Canadian mining company selected to provide uranium to India is still fighting Canada Revenue Agency over millions in unpaid back taxes. Danny Kresnyak
Apr 19th, 2015 “……….. Cameco, the Saskatchewan-based company hired to supply India with 3,220 metric tonnes of uranium over five years, is wrapped up in legal a fight with Canada Revenue Agency over millions in owed taxes. In 2013, the Globe and Mail reported the company owes $800 million in back taxes………

in addition to the tax battle with Canada Revenue Agency, the company’s drilling operations in Saskatchewan are facing significant opposition from the Clearwater Dene First Nation…….

In a road north of La Loche, Saskatchewan, a group called “Holding the Line Northern Trappers Alliance” (HLNNTA) has been camping in the area to block companies from further exploratory drilling in their territory. The group first set up camp last November, and promises to remain until mining companies leave.

The HLNNTA argued they are unable to pursue the traditional, ecologically sound way of life of their ancestors, due to incursion by companies like Cameco looking for mineral deposits on their land.

HLNNTA spokesperson Candyce Paul told the Vancouver Observer she was opposed to the Cameco uranium deal with India. She said “scientific evidence is building towards proving that the uranium mining industry is killing the Indigenous people of northern Saskatchewan.”………

http://www.vancouverobserver.com/national-observer/multi-million-dollar-tax-battle-casts-shadow-over-harper-modi-uranium-deal

April 22, 2015 - Posted by Christina Macpherson | business and costs, Canada