Brian Crombie Radio Hour - Epi 1020 - Flow Through Shares with Ken Stern, & What's Going on in Latvia? with Ilze Lacgalve

Brian welcomes two guests.First is Ken Stern. Ken offers tax strategy for Accredited Investors and Small Business Owners. He talks about Flow Through Shares (TFS), enshrined in the tax act since 1972, which support resource exploration and economic activity in often remote communities and at the same time, saves Canadians tax. Ken's structure offers a unique bought deal structured transaction that removes the 4 primary risks associated with FTS (price volatility, illiquidity, counter-party risk and issuing company spending proceeds appropriately).Then, Ilze Lacgalve. Ilze is the Head of the Latvian Investment and Development Agency’s Representative Office in Canada. She was selected to represent the agency in Canada in March of 2022, and this is the first time Latvia has had a dedicated trade and economic representative based in Canada. We discuss Latvia and the Baltics, and opportunities, and risks given their location next to Russia and the war in Ukraine.