In an InvestorIntel interview with Tracy Weslosky, Thermocline Advisory Inc.’s General Partner Frank McGillicuddy discusses the best time to look at flow-through shares, and his answers may surprise you.
Frank McGillicuddy starts: “For flow-through shares, you have to have a minimum income of $500,000 taxable.” He explains that while there are various benefits, to take best advantage of flow-through shares you should choose the critical minerals sector, as well as investing in projects that are in your province of residence. Across Canada, Quebec has the most generous setup (for Quebec residents).
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