A future for flow-through?

CIM Bulletin, Vol. 80, No. 907, 1987

ROBERT B. PARSONS, Partner Price Waterhouse, Toronto

There is a widespread concern that certain of Finance Minister Michael Wilson's Tax Reform proposals will likely lead to a significant decline in flow-through funding after 1988. This does not bode well for the junior exploration sector, which relies heavily on flow-through to finance exploration programs. The exploration industry is actively pursuing various solutions to the problems posed by Tax Reform, in order to ensure that flow-through has a future.