CRA rules on qualification of building an access road as CEE

In order to facilitate access of exploration drilling equipment to a deposit, the taxpayer (a principal business corporation) will be constructing a one-way gravel road to the site. There is not currently a plan to maintain the road past the current exploration phase.

CRA ruled regarding the expenditures on this road qualifying under para. (f) of Canadian exploration expense.

Neal Armstrong. Summary of 2024 Ruling 2024-1017941R3 under s. 66.1(6) – CEE – (f).