Q: Pat, I may want to invest 10% to 15% of my portfolio into flow-through shares. It looks like a great way to buy junior resources companies at a discount. Please tell me specifically about CMP’s 2018 Flow-Through Resource Limited Partnership. Thanks.

A: Flow-through limited partnerships developed out of a Canadian government plan to encourage the exploration and development of the country’s natural resources. Under the plan, companies involved in oil and gas, mining and base metals and other natural resource industries are permitted to fully deduct… Read More

What are flow-through limited partnerships?

Flow-through limited partnerships offer big tax breaks but may not be the best things for your portfolio

Flow-through limited partnerships developed out of a Canadian government plan to encourage the exploration and development of Canada’s natural resources. Under the plan, companies involved… Read More

Cautions & Greetings

This past year brought richly rewarding takeovers of several of our long-time favourites including Falconbridge, Inco, Fairmont and Sleeman. As a result, you may face a substantial capital-gains tax bill.

Before yielding to the year-end tax-loss selling urge, keep in mind that it’s always a mistake… Read More

Bad timing for these tax shelters

Flow-through funds are tax shelters that mainly invest in the flow-through shares issued by junior mining and oil companies. These companies spend the proceeds from the shares they sell on mineral exploration and development, an activity that qualifies for certain tax credits and tax deferrals… Read More