Canadian Exploration Incentive Program
CIM Bulletin, Vol. 81, No. 916, 1988
ROBERT B. PARSONS, C.A., Partner Price Waterhouse, Toronto
The Canadian Exploration Incentive Program (CEIP), which was announced by the federal government on May 3, 1988. promises to maintain the viability of flow-through shares as a financing mechanism which has proven to be so crucial to the health of the junior exploration sector. This month, Tax Notes examines, the main features of CEIP, which will come into play on January 1, 1989.
