11/23/2015

Saskatchewan seeks price protection in altering potash taxes

Potash-rich Saskatchewan hopes to revise its taxes on production of the crop fertilizer to avoid big revenue drops in years when prices sag. Saskatchewan, home to mines operated by Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, is conducting its first full review in 10 years of its complex potash tax and royalty structure. It is currently weighted more by potash prices than output.