Syntaris is a Vancouver-based renewable energy company focused on developing run-of-river hydroelectric projects in British Columbia and Alaska. The company has aggregated a portfolio of over 622 megawatts of hydro projects at various stages of development. Syntaris aims to become a leading developer of small hydro projects in the Pacific Northwest by taking advantage of British Columbia's Standing Offer Program and clustering projects near existing transmission infrastructure to reduce costs. The equity capital raised in this offering will allow Syntaris to submit up to 263 megawatts of projects to the Standing Offer Program over the next three to four years.
The changing environment for retirement incomenetwealthInvest
The document discusses changes to the legislative environment for retirement income in Australia. Some of the key changes discussed include:
- New rules for assessing lifetime income streams under the assets and income tests from July 2019 which provide more clarity and flexibility.
- Products called innovative superannuation income streams which have more flexible withdrawal terms but are assessed more favorably under the assets test.
- Combining different income streams like account-based pensions and lifetime annuities can help provide more stable retirement income and allow retirees to better manage risks.
- Structuring retirement income using a combination of income streams is important given longevity risks and volatility in investment returns that make it difficult to rely solely on investments or the age pension.
Comments of Alaskans for Sustainable Budgets on HJR 23 (March 12, 2018)Brad Keithley
This document provides comments from Alaskans for Sustainable Budgets opposing a proposed resolution (HJR 23) that would change how funds from Alaska's Permanent Fund are allocated and used. The group opposes key aspects of a revised version of the resolution, including uncertain allocation to Permanent Fund Dividends, a fixed draw rate, and allowing the legislature to withdraw more than the draw rate in a given year. The document outlines alternative proposals and reasons for the group's positions, citing economic impact studies and the need for constitutional provisions to be durable over time.
The right tax strategy stays current with your environment.
The political landscape isn’t the only thing changing in
2016. Estate planning opportunities are also shifting. This
supplement incorporates estate planning updates and other
considerations into tips designed to decrease your 2016 tax
bill. Charts throughout the supplement, including tax rates,
qualified retirement plan limitations and FICA/Medicare
taxes further help with your tax planning.
1) While energy prices have recovered somewhat over the past year, they remain below levels needed for oil producers to drill profitable wells.
2) Declining oil prices have dampened investor sentiment about oil-exporting emerging markets and could lead to increased financial market volatility.
3) However, lower oil prices also provide an opportunity to reform oil-reliant economies and diversify them.
4) Oil prices are projected to recover from current lows but remain below recent peaks, with ongoing volatility expected depending on supply and demand adjustments.
Using ASX Electricity Futures to Hedge a Merchant Wind Farm in NSWSimon Mathis
The document summarizes the results of analyzing hedging strategies for a merchant wind farm using Australian electricity futures and options. It finds that:
1) Hedging should be based on expected energy production, not rated power capacity.
2) A combination of half-hourly futures and average rate put options is the most effective hedge, exceeding 85% of a fixed-price PPA.
3) High-priced half-hourly caps alone are not effective hedges.
Contract Availability for LRET DevelopmentSimon Mathis
This document provides an analysis of renewable energy contracts available to meet Australia's Large-Scale Renewable Energy Target (LRET) of 33,000 gigawatt-hours by 2020. It finds that while existing and promised contracts could supply around 11.1 terawatt-hours, there remains a gap of around 6.3 terawatt-hours that requires new contracts. Major retailers will need to contract for around 5.5 million additional large-scale generation certificates annually by 2020 to meet retail and small commercial compliance requirements. Unless new contracts are secured, the LRET target will not be fully met, requiring around 2,120 megawatts of additional wind power or 2,880 megawatts of solar to close the
Our written personal al financial plans are comprehensive and holistic and can enable you to enhance your financial well being as well as your peace of mind. They are also offered without obligation and without cost. Here's a sample
The changing environment for retirement incomenetwealthInvest
The document discusses changes to the legislative environment for retirement income in Australia. Some of the key changes discussed include:
- New rules for assessing lifetime income streams under the assets and income tests from July 2019 which provide more clarity and flexibility.
- Products called innovative superannuation income streams which have more flexible withdrawal terms but are assessed more favorably under the assets test.
- Combining different income streams like account-based pensions and lifetime annuities can help provide more stable retirement income and allow retirees to better manage risks.
- Structuring retirement income using a combination of income streams is important given longevity risks and volatility in investment returns that make it difficult to rely solely on investments or the age pension.
Comments of Alaskans for Sustainable Budgets on HJR 23 (March 12, 2018)Brad Keithley
This document provides comments from Alaskans for Sustainable Budgets opposing a proposed resolution (HJR 23) that would change how funds from Alaska's Permanent Fund are allocated and used. The group opposes key aspects of a revised version of the resolution, including uncertain allocation to Permanent Fund Dividends, a fixed draw rate, and allowing the legislature to withdraw more than the draw rate in a given year. The document outlines alternative proposals and reasons for the group's positions, citing economic impact studies and the need for constitutional provisions to be durable over time.
The right tax strategy stays current with your environment.
The political landscape isn’t the only thing changing in
2016. Estate planning opportunities are also shifting. This
supplement incorporates estate planning updates and other
considerations into tips designed to decrease your 2016 tax
bill. Charts throughout the supplement, including tax rates,
qualified retirement plan limitations and FICA/Medicare
taxes further help with your tax planning.
1) While energy prices have recovered somewhat over the past year, they remain below levels needed for oil producers to drill profitable wells.
2) Declining oil prices have dampened investor sentiment about oil-exporting emerging markets and could lead to increased financial market volatility.
3) However, lower oil prices also provide an opportunity to reform oil-reliant economies and diversify them.
4) Oil prices are projected to recover from current lows but remain below recent peaks, with ongoing volatility expected depending on supply and demand adjustments.
Using ASX Electricity Futures to Hedge a Merchant Wind Farm in NSWSimon Mathis
The document summarizes the results of analyzing hedging strategies for a merchant wind farm using Australian electricity futures and options. It finds that:
1) Hedging should be based on expected energy production, not rated power capacity.
2) A combination of half-hourly futures and average rate put options is the most effective hedge, exceeding 85% of a fixed-price PPA.
3) High-priced half-hourly caps alone are not effective hedges.
Contract Availability for LRET DevelopmentSimon Mathis
This document provides an analysis of renewable energy contracts available to meet Australia's Large-Scale Renewable Energy Target (LRET) of 33,000 gigawatt-hours by 2020. It finds that while existing and promised contracts could supply around 11.1 terawatt-hours, there remains a gap of around 6.3 terawatt-hours that requires new contracts. Major retailers will need to contract for around 5.5 million additional large-scale generation certificates annually by 2020 to meet retail and small commercial compliance requirements. Unless new contracts are secured, the LRET target will not be fully met, requiring around 2,120 megawatts of additional wind power or 2,880 megawatts of solar to close the
Our written personal al financial plans are comprehensive and holistic and can enable you to enhance your financial well being as well as your peace of mind. They are also offered without obligation and without cost. Here's a sample
Zep Inc. held an investor presentation in August 2014 to provide an overview of the company and its financial performance. The presentation contained the following key points:
- Zep sells highly effective chemicals and products for maintenance, cleaning, and protection across various markets. It focuses on transportation, industrial/MRO, and janitorial/sanitation industries.
- The company has experienced strong revenue growth through acquisitions completed since 2009. It has also improved EBITDA margins and return on invested capital.
- Zep generates consistent cash flow that it uses to fund operations and debt payments. However, a recent fire at its aerosol plant may impact sales and costs in the near future until production is
This document provides an overview and analysis of tax bracket management for year-end planning. It discusses the tax rates and thresholds for ordinary income, capital gains, itemized deductions, and exemptions through 2017. It also includes an example projecting the taxes for a client with wages, capital gains, and future IRA distributions over a 5-year period under the new rules. The document aims to help CPAs and their clients understand and strategize around income and asset placement to minimize taxes.
Super Caps are coming soon, great investment alternatives are already here. Sarah McGavin
View our presentation on how an investment bond can help you grow your clients’ wealth and be a complement to superannuation, presented by National Strategy Manager, Greg Bird.
This document provides an overview and tips for 2017 individual tax planning. It summarizes key tax rates, deductions, credits, and strategies to consider for reducing tax liability for the year. Potential tax reform proposals could change rates and provisions for 2018, so the document recommends planning based on current tax law and taking advantage of opportunities before year-end 2017 to be effective in mitigating taxes. It includes charts outlining various tax rates, limits, phaseouts and considerations for married and unmarried filers.
The AFC Iraq Fund is an equity fund focused on investments in Iraq and foreign companies doing business in Iraq. The fund offers monthly subscriptions and redemptions at net asset value. It aims to achieve long-term capital appreciation by investing in a diversified portfolio of listed Iraqi and foreign equities. As of June 2018, the fund was invested in 14 companies across Iraq, Norway, and the UK, with largest allocations to the financial and consumer staples sectors. For the month, the fund returned -2.5%, outperforming its benchmark which lost -3.5%, and has gained 17.1% year-to-date compared to the benchmark's decline of -0.6%.
This document provides a summary of an investment newsletter from Atlantic Sun Financial Group. It discusses three main topics:
1. A mid-year investment check-up, encouraging investors to review portfolio performance, investment strategies, and tax efficiency.
2. An overview of Roth 401(k) plans, including eligibility, contribution limits, tax treatment of contributions and earnings, and comparison to traditional 401(k) plans.
3. A brief discussion on finding forgotten or unclaimed funds from old accounts, bank deposits, or stock holdings.
Medical Facilities Corporation - 2021 Annual MeetingSharePitch
Slides accompanying the management presentation delivered by the CEO and CFO of Medical Facilities Corporation during their 2021 annual shareholders meeting on May 13, 2021.
This document provides an overview of how various taxes impact group insurance benefits in Canada. It includes summary charts that outline the application of premium taxes, retail sales taxes, goods and services tax, and harmonized sales tax to different insurance products and services based on the plan member's province of residence. It also provides examples of how the taxes apply in case studies involving adding employees in other provinces to a plan, comparing a salary increase to additional healthcare benefits, and the sales taxes applicable when an employer relocates. The document is intended to help advisors and plan sponsors understand the complex tax implications of group benefits plans across Canada.
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
170526 may 2017 corporate presentation (fy17 q2) v finputcapital
This document provides an overview of Input Capital Corp., a company that streams canola production in Canada. It discusses how canola streaming works, highlighting the benefits to farmers of accessing capital upfront in exchange for future production. Input Capital has expanded its product line to include two types of streams - capital streams and marketing streams - to meet different farmer needs. The company has experienced strong growth in key metrics like the number of cash-producing streams and capital deployed. Input Capital aims to continue diversifying its portfolio as it builds out its canola streaming business.
Medical Facilities Corporation - 2020 Annual Shareholder Meeting PresentationSharePitch
Slides for the management presentation delivered during Medical Facilities Corporation's 2020 annual general meeting of shareholders. Medical Facilities Corporation (“MFC”), in partnership with physicians, owns surgical facilities in the United States.
The document is a newsletter from a financial services company discussing various financial topics. It provides an overview of the US economic recovery in 2014, noting gains in the stock market and job growth. It also discusses potential risks like higher stock valuations, lower oil prices, a slowing housing market, and the possibility of interest rate hikes in 2015. One article summarizes how the Affordable Care Act will affect tax filings for 2014, requiring some people to reconcile health insurance subsidies. Another discusses risks of family members serving as amateur trustees and argues for using professional trustees instead. A final article notes that while Social Security benefits are gender neutral, women on average receive lower benefits but live longer.
The document discusses 401k rollover options when changing jobs. It provides three main choices: leaving the money in the current plan, moving it to the new employer's plan, or rolling it into an IRA. Rolling into an IRA provides the most flexibility with investment choices and ability to consolidate savings. The document also discusses factors to consider for retirement planning like income needs, asset allocation, and potential account balances at retirement from compound interest.
The document provides information on retirement planning and debt optimization strategies. It discusses developing a realistic picture of retirement income and expenses, estimating sources like Social Security and pensions and factoring in healthcare costs. It suggests living for 6 months on projected retirement income to determine if it's realistic. It also outlines strategies to pay off debt, like paying more than minimums, focusing on highest interest rates first, or consolidating with a lower rate loan. While the strategies make sense theoretically, it can be difficult to implement them fully in practice due to competing financial needs.
The budget maintains the fiscal deficit target of 3.5% for FY17 and pegs it at 3% for FY18-19. Nominal GDP growth is pegged at 11% and gross tax revenues are budgeted to increase by 12%, while net tax revenues are budgeted to increase by 11%. Proceeds from disinvestments are pegged at Rs. 56,500 crore compared to Rs. 25,300 crore last year. Adhering to the fiscal consolidation plan raises the government's fiscal credibility and is expected to lead the RBI to cut rates by 25-50 basis points. However, higher supply of long-dated bonds could steepen the yield curve.
Franklin Resources reported second quarter results for fiscal year 2017. Total revenue was $1.6 billion for the quarter, generating $556 million in operating income. Diluted earnings per share were $0.74. Relative investment performance has rebounded for many strategies, with 84% of equity and hybrid fund assets in the top two quartiles for the past year. Sales increased over 24% from the previous quarter, driven by a significant improvement in retail channels, particularly offshore where net flows turned positive. The company also announced organizational changes to strengthen its investment capabilities and better meet evolving client needs.
This document provides an overview and summary of preserving retirement assets through IRA rollovers. It discusses the options available when changing jobs, including taking a lump sum distribution, leaving funds in the previous employer's plan, or rolling funds over to a new employer's plan or a traditional IRA. It notes that taking a lump sum distribution can result in taxes and penalties that reduce the available retirement funds. The document then provides examples showing how much more money could be available in retirement by rolling funds over instead of taking a lump sum. It discusses the details and benefits of direct and indirect IRA rollovers.
This document discusses tax efficient strategies for charitable giving, such as donating appreciated securities and investing in flow-through limited partnerships that provide tax deductions. Investing $10,000 in a mineral fields flow-through partnership and then donating the proceeds after maturity allows donors to claim both tax deductions and donation tax credits, maximizing their tax savings and benefits to charity. Pathway-MineralFields is highlighted as one of Canada's largest resource focused investment firms offering flow-through partnerships and mutual funds.
Variable annuities and mutual funds are long-term investment vehicles designed for retirement. Variable annuities offer tax-deferred growth and death benefits while mutual funds allow for more flexibility but do not provide the same tax benefits. Both have associated fees that impact returns. Retirement planning should consider factors like longer lifespans, inflation, and rising healthcare costs to ensure adequate savings.
To paraphrase Dickens, there’s a lot of controversy today about whether we live in the best of times or worst of times concerning retirement. On the one hand, many Americans generally have some kind of retirement support, if you include Social Security, Medicare, private and public pension plans, and the many types of pre-tax retirement plans, such as IRAs and 401(k)s.
On the other hand, demographic and economic forces are making retirement itself a much bigger challenge, primarily because people live longer now. That means you need to work and save enough today to somehow pay for later without employment — a tall order. And recent market upheavals have demonstrated that you may not be able to rely on the stock market in the short term to pay the bill.
This presentation will introduce you to strategies that could help you to potentially build a bigger nest-egg during your working years, make it last longer in retirement, and even pass on more to your heirs.
Because, after all, retirement should be a time to finally relax, stop worrying and enjoy life. But you can’t escape the daily grind until you are financially independent, which in the end is what retirement is all about. So bottom line, let’s talk about working toward financial independence.
Zep Inc. held an investor presentation in August 2014 to provide an overview of the company and its financial performance. The presentation contained the following key points:
- Zep sells highly effective chemicals and products for maintenance, cleaning, and protection across various markets. It focuses on transportation, industrial/MRO, and janitorial/sanitation industries.
- The company has experienced strong revenue growth through acquisitions completed since 2009. It has also improved EBITDA margins and return on invested capital.
- Zep generates consistent cash flow that it uses to fund operations and debt payments. However, a recent fire at its aerosol plant may impact sales and costs in the near future until production is
This document provides an overview and analysis of tax bracket management for year-end planning. It discusses the tax rates and thresholds for ordinary income, capital gains, itemized deductions, and exemptions through 2017. It also includes an example projecting the taxes for a client with wages, capital gains, and future IRA distributions over a 5-year period under the new rules. The document aims to help CPAs and their clients understand and strategize around income and asset placement to minimize taxes.
Super Caps are coming soon, great investment alternatives are already here. Sarah McGavin
View our presentation on how an investment bond can help you grow your clients’ wealth and be a complement to superannuation, presented by National Strategy Manager, Greg Bird.
This document provides an overview and tips for 2017 individual tax planning. It summarizes key tax rates, deductions, credits, and strategies to consider for reducing tax liability for the year. Potential tax reform proposals could change rates and provisions for 2018, so the document recommends planning based on current tax law and taking advantage of opportunities before year-end 2017 to be effective in mitigating taxes. It includes charts outlining various tax rates, limits, phaseouts and considerations for married and unmarried filers.
The AFC Iraq Fund is an equity fund focused on investments in Iraq and foreign companies doing business in Iraq. The fund offers monthly subscriptions and redemptions at net asset value. It aims to achieve long-term capital appreciation by investing in a diversified portfolio of listed Iraqi and foreign equities. As of June 2018, the fund was invested in 14 companies across Iraq, Norway, and the UK, with largest allocations to the financial and consumer staples sectors. For the month, the fund returned -2.5%, outperforming its benchmark which lost -3.5%, and has gained 17.1% year-to-date compared to the benchmark's decline of -0.6%.
This document provides a summary of an investment newsletter from Atlantic Sun Financial Group. It discusses three main topics:
1. A mid-year investment check-up, encouraging investors to review portfolio performance, investment strategies, and tax efficiency.
2. An overview of Roth 401(k) plans, including eligibility, contribution limits, tax treatment of contributions and earnings, and comparison to traditional 401(k) plans.
3. A brief discussion on finding forgotten or unclaimed funds from old accounts, bank deposits, or stock holdings.
Medical Facilities Corporation - 2021 Annual MeetingSharePitch
Slides accompanying the management presentation delivered by the CEO and CFO of Medical Facilities Corporation during their 2021 annual shareholders meeting on May 13, 2021.
This document provides an overview of how various taxes impact group insurance benefits in Canada. It includes summary charts that outline the application of premium taxes, retail sales taxes, goods and services tax, and harmonized sales tax to different insurance products and services based on the plan member's province of residence. It also provides examples of how the taxes apply in case studies involving adding employees in other provinces to a plan, comparing a salary increase to additional healthcare benefits, and the sales taxes applicable when an employer relocates. The document is intended to help advisors and plan sponsors understand the complex tax implications of group benefits plans across Canada.
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
170526 may 2017 corporate presentation (fy17 q2) v finputcapital
This document provides an overview of Input Capital Corp., a company that streams canola production in Canada. It discusses how canola streaming works, highlighting the benefits to farmers of accessing capital upfront in exchange for future production. Input Capital has expanded its product line to include two types of streams - capital streams and marketing streams - to meet different farmer needs. The company has experienced strong growth in key metrics like the number of cash-producing streams and capital deployed. Input Capital aims to continue diversifying its portfolio as it builds out its canola streaming business.
Medical Facilities Corporation - 2020 Annual Shareholder Meeting PresentationSharePitch
Slides for the management presentation delivered during Medical Facilities Corporation's 2020 annual general meeting of shareholders. Medical Facilities Corporation (“MFC”), in partnership with physicians, owns surgical facilities in the United States.
The document is a newsletter from a financial services company discussing various financial topics. It provides an overview of the US economic recovery in 2014, noting gains in the stock market and job growth. It also discusses potential risks like higher stock valuations, lower oil prices, a slowing housing market, and the possibility of interest rate hikes in 2015. One article summarizes how the Affordable Care Act will affect tax filings for 2014, requiring some people to reconcile health insurance subsidies. Another discusses risks of family members serving as amateur trustees and argues for using professional trustees instead. A final article notes that while Social Security benefits are gender neutral, women on average receive lower benefits but live longer.
The document discusses 401k rollover options when changing jobs. It provides three main choices: leaving the money in the current plan, moving it to the new employer's plan, or rolling it into an IRA. Rolling into an IRA provides the most flexibility with investment choices and ability to consolidate savings. The document also discusses factors to consider for retirement planning like income needs, asset allocation, and potential account balances at retirement from compound interest.
The document provides information on retirement planning and debt optimization strategies. It discusses developing a realistic picture of retirement income and expenses, estimating sources like Social Security and pensions and factoring in healthcare costs. It suggests living for 6 months on projected retirement income to determine if it's realistic. It also outlines strategies to pay off debt, like paying more than minimums, focusing on highest interest rates first, or consolidating with a lower rate loan. While the strategies make sense theoretically, it can be difficult to implement them fully in practice due to competing financial needs.
The budget maintains the fiscal deficit target of 3.5% for FY17 and pegs it at 3% for FY18-19. Nominal GDP growth is pegged at 11% and gross tax revenues are budgeted to increase by 12%, while net tax revenues are budgeted to increase by 11%. Proceeds from disinvestments are pegged at Rs. 56,500 crore compared to Rs. 25,300 crore last year. Adhering to the fiscal consolidation plan raises the government's fiscal credibility and is expected to lead the RBI to cut rates by 25-50 basis points. However, higher supply of long-dated bonds could steepen the yield curve.
Franklin Resources reported second quarter results for fiscal year 2017. Total revenue was $1.6 billion for the quarter, generating $556 million in operating income. Diluted earnings per share were $0.74. Relative investment performance has rebounded for many strategies, with 84% of equity and hybrid fund assets in the top two quartiles for the past year. Sales increased over 24% from the previous quarter, driven by a significant improvement in retail channels, particularly offshore where net flows turned positive. The company also announced organizational changes to strengthen its investment capabilities and better meet evolving client needs.
This document provides an overview and summary of preserving retirement assets through IRA rollovers. It discusses the options available when changing jobs, including taking a lump sum distribution, leaving funds in the previous employer's plan, or rolling funds over to a new employer's plan or a traditional IRA. It notes that taking a lump sum distribution can result in taxes and penalties that reduce the available retirement funds. The document then provides examples showing how much more money could be available in retirement by rolling funds over instead of taking a lump sum. It discusses the details and benefits of direct and indirect IRA rollovers.
This document discusses tax efficient strategies for charitable giving, such as donating appreciated securities and investing in flow-through limited partnerships that provide tax deductions. Investing $10,000 in a mineral fields flow-through partnership and then donating the proceeds after maturity allows donors to claim both tax deductions and donation tax credits, maximizing their tax savings and benefits to charity. Pathway-MineralFields is highlighted as one of Canada's largest resource focused investment firms offering flow-through partnerships and mutual funds.
Variable annuities and mutual funds are long-term investment vehicles designed for retirement. Variable annuities offer tax-deferred growth and death benefits while mutual funds allow for more flexibility but do not provide the same tax benefits. Both have associated fees that impact returns. Retirement planning should consider factors like longer lifespans, inflation, and rising healthcare costs to ensure adequate savings.
To paraphrase Dickens, there’s a lot of controversy today about whether we live in the best of times or worst of times concerning retirement. On the one hand, many Americans generally have some kind of retirement support, if you include Social Security, Medicare, private and public pension plans, and the many types of pre-tax retirement plans, such as IRAs and 401(k)s.
On the other hand, demographic and economic forces are making retirement itself a much bigger challenge, primarily because people live longer now. That means you need to work and save enough today to somehow pay for later without employment — a tall order. And recent market upheavals have demonstrated that you may not be able to rely on the stock market in the short term to pay the bill.
This presentation will introduce you to strategies that could help you to potentially build a bigger nest-egg during your working years, make it last longer in retirement, and even pass on more to your heirs.
Because, after all, retirement should be a time to finally relax, stop worrying and enjoy life. But you can’t escape the daily grind until you are financially independent, which in the end is what retirement is all about. So bottom line, let’s talk about working toward financial independence.
This document provides an overview of deferred fixed interest and indexed annuities. It discusses how these annuities can help accumulate funds on a tax-deferred basis for retirement and overcome obstacles to retirement planning like a lack of savings discipline, taxes, inflation, and longevity. The document also explains how deferred annuities work during the accumulation and income phases, and the benefits of tax-deferred growth.
Implications of public pension enhancement in CanadaAlex Mazer
Common Wealth co-founder Alex Mazer's presentation on the Ontario Retirement Pension Plan and Canada Pension Plan enhancement to SHARE's Toronto Pension and Investment Governance Course on May 6, 2016.
Small businesses can start retirement plans to attract and retain quality employees. A 401k plan allows employees to save pre-tax dollars for retirement while also providing tax benefits to the business. Setting up a 401k is simple, requiring only basic decisions around employer matching contributions and investment options. Paychex makes starting and managing a 401k easy and affordable for small businesses.
Small businesses can start retirement plans to attract and retain quality employees. A 401(k) allows tax-deferred growth and annual tax savings of 30-40% on contributions. To start a 401(k), businesses need only make three decisions: whether to match employee contributions, set a vesting schedule, and choose investment options. Paychex handles all legal and administrative requirements and the IRS provides a $1,500 tax credit for new plans. Retirement plans help businesses compete for workers and improve employee loyalty through low-cost benefits.
Proactive Year-end Financial and Tax Planning StrategiesAICPA
In the third webcast in the AICPA Insights Live webcast series, Beth Gamel, CPA/PFS, Robert S. Keebler, CPA, Ted Sarenski, CPA/PFS and Scott Sprinkle, CPA/PFS, CGMA came together to discuss year-end financial and tax planning strategies, specifically to address the American Taxpayer Relief Act and the Net Investment Income Tax. Below you can find an audio recording from the webcast, as well as the accompanying presentation. Be sure to explore the other webcasts in the AICPA Insights Live webcast series.
- From October to December 2014, Crystal Cove Capital achieved an 11.3% return compared to 10.3% for the S&P 500. While pleased with the outperformance, the manager cautions that short-term results are difficult to predict.
- Institutional investors who focus on short-term gains face pressures that can hurt long-term performance, such as high taxes on short-term capital gains. Long-term investing provides tax and competitive advantages.
- One underappreciated opportunity is companies with leverage, such as cable companies, which have steadily increasing cash flows that naturally pay down debt over time with limited default risk.
This document discusses how permanent life insurance can be a tax-advantaged investment asset that provides growth potential, access to cash value through loans, and benefits for heirs. It provides an example comparing returns from life insurance to traditional investments like interest, dividends, and capital gains, showing that life insurance requires less capital and risk to achieve the same results due to its tax advantages. While collateral loans involve risk, permanent life insurance is positioned as an effective strategy for managing assets, accessing funds, and preserving an estate over the long term.
The document discusses the benefits of fixed annuities for retirement planning. It notes that Americans are living longer but face financial challenges in retirement. Fixed annuities offer guaranteed returns, tax deferral, and can provide lifetime income streams. Both immediate and deferred fixed annuities are described as options to help investors meet their retirement income needs through guaranteed and predictable payments.
In this edition of Return On Investment, we have included information on the following topics:
1. The Importance of Risk Control
2. Are You Nearing the Age of 71?
3. Pension Reform: The CPP is Set to Change
4. Transferring Wealth: Preparing Your Heirs
5. Unclaimed Balances: Are Funds Owed to You?
6. Year-End Tax Planning Considerations
This document provides information about financial planning topics including wealth transfer strategies, marriage and finances, college savings plans, intergenerational wealth planning, and advance medical directives. Specifically, it discusses how low interest rates create opportunities for grantor retained annuity trusts and charitable lead annuity trusts. It also outlines how marriage can impact building wealth, retirement benefits, estate planning, taxes, and debt. The document then provides an overview of key facts about college savings plans and rising college costs.
The document discusses the benefits of fixed annuities for retirement planning. It notes that retirees face significant financial challenges, including rising healthcare and living costs. Fixed annuities offer guaranteed returns, provide a stream of income for life, and allow for tax-deferred growth. Immediate annuities provide guaranteed lifetime income, while deferred annuities allow for long-term accumulation of assets on a tax-deferred basis before receiving income.
The document discusses factors to consider when planning for retirement such as longevity, rising costs of living, healthcare expenses, changes to social security, investment risks, and tips for creating a retirement income plan. It provides statistics on trends affecting retirement like more people returning to work post-retirement and adult children providing financial support to parents. The document also offers strategies from a financial advisor to help build a successful retirement.
2. Forward‐Looking Statement Disclaimer
All potential Investors should read the Offering Memorandum.
Certain statements in this Offering Memorandum are forward-looking statements, which reflect our management’s expectations
regarding our future growth, results of operations, performance and business prospects and opportunities.
Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans,g p y g y g g p
expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results,
performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or, if they do occur, what benefits we will obtain from them. These
forward-looking statements reflect management’s current views and are based on certain assumptions and speak only as of June
23, 2010. These assumptions, which include, management’s current expectations, estimates and assumptions about our current
operations, the economic environment, the market price and demand for electricity and clean power and our ability to manage ouroperations, the economic environment, the market price and demand for electricity and clean power and our ability to manage our
projects under development and operating costs, may prove to be incorrect.
A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the
forward-looking statements, including: (1) a downturn in general economic conditions, (2) the uncertainty of government
regulation and politics in British Columbia regarding clean power, (3) denial of the Corporation’s bids in BC Hydro’s Call for
Power (4) a decreased demand or price for clean power (5) delays in the start of projects (6) inability to locate and acquirePower, (4) a decreased demand or price for clean power, (5) delays in the start of projects, (6) inability to locate and acquire
additional projects, (7) potential negative financial impact from regulatory investigations, claims, lawsuits and other legal
proceedings and challenges, (8) adverse public opinion regarding run-of-river power projects, and (9) other factors beyond our
control.
There is a significant risk that such forward-looking statements will not prove to be accurate. Investors are cautioned not to place
undue reliance on these forward looking statements No forward looking statement is a guarantee of future results Except asundue reliance on these forward-looking statements. No forward-looking statement is a guarantee of future results. Except as
required by law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Additional information about these and other assumptions, risks and uncertainties are set out
in the section entitled “Risk Factors” found in Offering Memorandum.
2
3. Flow‐Through Shares
What is a Flow Through share?What is a Flow-Through share?
Flow-through shares are common shares of a resource company which provide flow-through tax deductions to investors.
Resource companies issue flow-through shares to attract capital for exploration and development. Resource companies
"flow through" eligible Canadian Exploration Expenses (CEE) and Canadian Development Expenses (CDE) to theirg g p p ( ) p p ( )
flow-through share investors. Shareholders can deduct these flow-through expenses against their taxable income.
Why does the Government of Canada provide investors with a flow-through tax deduction?
The Government of Canada recognizes the economic benefits of the exploration for, and development of, Canada’s
natural resources and encourages investment with a flow-through tax deduction for investors. Originally, flow-through
shares were only deductible against resource income, however, in 1983 the federal government changed legislation
which allowed qualifying flow-through expenses to be deductible against other income. In recent years, the federal
government and some provinces have introduced additional tax incentives for investors purchasing certain flow-through
shares issued by Canadian mining companies to provide additional incentive for investment in Canada’s mining industry.
What are the tax benefits?
From a tax deduction perspective, the investor receives the same tax benefit as making an RRSP contribution, but the
difference is that a flow-through investment is purchased outside a registered plan.
3
4. From PROFIT magazine, September 2006
There aren't many legitimate tax shelters for high-incomeThere aren't many legitimate tax shelters for high-income
Flow-through shares offer the prospect of high rewards at high risk
-but the tax breaks can make it all worthwhile.
y g g
entrepreneurs, let alone many that offer the potential for lucrative
returns. But that's the promise of flow-through shares. Issued by
Canadian companies in the energy or mining sectors to raise funds for
exploration, flow-through investments give investors juicy tax breaks
d h i f i l i i b d di i
y g g
entrepreneurs, let alone many that offer the potential for lucrative
returns. But that's the promise of flow-through shares. Issued by
Canadian companies in the energy or mining sectors to raise funds for
exploration, flow-through investments give investors juicy tax breaks
d h i f i l i i b d di iand the opportunity for capital appreciation based on new discoveries
and rising commodity prices. “
Flow-through shares offer federal and provincial tax deductions of
100% of the investment. An investor with a marginal tax rate of 46%
and the opportunity for capital appreciation based on new discoveries
and rising commodity prices. “
Flow-through shares offer federal and provincial tax deductions of
100% of the investment. An investor with a marginal tax rate of 46%100% of the investment. An investor with a marginal tax rate of 46%
who purchases $10,000 in flow-through shares will garner a tax benefit
of $4,600, cutting the real cost of the investments to $5,400. When the
shares are sold, the 50% inclusion rate on capital gains will mean a tax
hit of 23%. Investors who purchase "super" flow-through shares
100% of the investment. An investor with a marginal tax rate of 46%
who purchases $10,000 in flow-through shares will garner a tax benefit
of $4,600, cutting the real cost of the investments to $5,400. When the
shares are sold, the 50% inclusion rate on capital gains will mean a tax
hit of 23%. Investors who purchase "super" flow-through shares
(shares in qualifying junior mining companies engaged in grassroots
mineral exploration) may be eligible for an additional 15% tax credit.
By Camilla Cornell
(shares in qualifying junior mining companies engaged in grassroots
mineral exploration) may be eligible for an additional 15% tax credit.
By Camilla Cornell
4
5. Financial Post Magazine
W t b t th TW t b t th TWays to beat the TaxmanWays to beat the Taxman
RRSPsRRSPs RESPsRESPs
• Who Can Use It
Just about anyone — but they’re most useful for
employees in high tax brackets.
• How Does It Work
• Who Can Use It
Just about anyone — but they’re most useful for
employees in high tax brackets.
• How Does It Work
• Who Can Use It
Parents, relatives and friends of young children.
• How Does It Work
Registered education savings plans are usually thought
• Who Can Use It
Parents, relatives and friends of young children.
• How Does It Work
Registered education savings plans are usually thought• How Does It Work
The run-of-the-mill registered retirement savings plan
(RRSP) is still the most common tax-reduction
mechanism. Annual contributions — limited to 18% of
your last year’s income up to $19,000 (depending on
• How Does It Work
The run-of-the-mill registered retirement savings plan
(RRSP) is still the most common tax-reduction
mechanism. Annual contributions — limited to 18% of
your last year’s income up to $19,000 (depending on
Registered education savings plans are usually thought
of as a way to fund your kids’ post-secondary
education, but the personal savings can be significant
— even if your kids don’t go to college or university.
Family and friends can contribute up to $50,000 for
Registered education savings plans are usually thought
of as a way to fund your kids’ post-secondary
education, but the personal savings can be significant
— even if your kids don’t go to college or university.
Family and friends can contribute up to $50,000 for
your pension) — are fully deductible. Better yet, your
investments grow tax-deferred until they’re withdrawn
(by age 71, at the latest). Typically, retirees earn less
annual income, so their RRSP withdrawals are taxed at
a lower rate This year’s deadline is Feb 29 but
your pension) — are fully deductible. Better yet, your
investments grow tax-deferred until they’re withdrawn
(by age 71, at the latest). Typically, retirees earn less
annual income, so their RRSP withdrawals are taxed at
a lower rate This year’s deadline is Feb 29 but
each child, either upfront or in annual instalments.
There’s no tax refund, but growth within the RESP is
tax-deferred for up to 26 years. If the kids use the
funds, they’ll get a federal top-up grant worth 20% of
the contributions (up to $7 200) If not parents benefit
each child, either upfront or in annual instalments.
There’s no tax refund, but growth within the RESP is
tax-deferred for up to 26 years. If the kids use the
funds, they’ll get a federal top-up grant worth 20% of
the contributions (up to $7 200) If not parents benefita lower rate. This year s deadline is Feb. 29, but
unused contribution room can be carried forward.
• Risk of Reassessment
Practically nil.
a lower rate. This year s deadline is Feb. 29, but
unused contribution room can be carried forward.
• Risk of Reassessment
Practically nil.
the contributions (up to $7,200). If not, parents benefit
from the tax-deferral.
• Risk of Reassessment
Very low.
the contributions (up to $7,200). If not, parents benefit
from the tax-deferral.
• Risk of Reassessment
Very low.
5
David Dias, Financial Post Business, Tuesday, Feb. 5, 2008
6. Flow‐Through Shares
Wh t ki d f h lifi ?Wh t ki d f h lifi ?
• Shares must be newly issued and have attributes generally attached to common shares
of the PBC
What kind of share qualifies?What kind of share qualifies?
of the PBC
• Issuer must provide 80%-100% of qualifying development expenses to investors
• FTSs include a right to purchase FTSs, usuallyFTSs include a right to purchase FTSs, usually
known as flow-through warrants (FTWs)
• Prescribed shares do not qualify as FTSs
• Company may issue shares through private
placement or public offerings
6
7. Flow‐Through Shares
T F f I t t I Fl Th h ShT F f I t t I Fl Th h Sh
• Direct:
Purchase FTSs from a principal business corporation (PBC); or
Two Forms of Investment In Flow-Through Shares:Two Forms of Investment In Flow-Through Shares:
Purchase FTSs from a principal-business corporation (PBC); or
• Indirect:
Purchase an interest in a partnership (including limited partnership) that purchases FTSs
from one or more PBCsfrom one or more PBCs.
7
8. Flow‐Through Shares
Significant Tax Advantage:Significant Tax Advantage:
$10,000 FTS investment:
Cl i f ll $10 000 t t *
Significant Tax Advantage:Significant Tax Advantage:
• Claim a full $10,000 on your tax return*
• 40% tax bracket equates to a $4,000 tax return for that year*
October 2000, Feds introduced a 15% non-refundable tax credit
Some provinces and territories instituted their own tax credit (in addition to the
existing 100%):
• 5% in Ontario• 5% in Ontario
• 20% in B.C.
• 10% in Manitoba and Saskatchewan
These credits in addition to an existing 100% deduction on eligible
exploration/development expenditures (federal)
Note: The 15% + tax credit program is set to expire on March 31, 2011
8
*Assumes full eligibility for tax breaks
9. Flow‐Through Shares
O i OM Fl Th h ShO i OM Fl Th h Sh
• Flow Through Share (FTS) Unit offering
Overview OM – Flow Through SharesOverview OM – Flow Through Shares
• Individuals or corporations
• 2 million shares total (Cdn $2,000,000)
• Cdn $1.00 per flow-through share
• Projected 100% expense flow through
• Closing on or before November 15, 2010
• Min subscription is Cdn $2500
• TFSA -RRSP eligible*
*for 2010 must complete before December 31, 2010
9
10. Flow‐Through Shares ‐ Mitigating Risk
Y l t t i t f i t t d STILL tY l t t i t f i t t d STILL t
The following outlines loss limits by tax bracket:
You can lose up to a certain percentage of your investment, and STILL come out
even due to the tax breaks.
You can lose up to a certain percentage of your investment, and STILL come out
even due to the tax breaks.
g y
• 50% tax bracket – 66% of original investment
• 40% tax bracket – 75% of original investment
• 30% tax bracket 81% of original investment• 30% tax bracket – 81% of original investment
• 20% tax bracket – 89% of original investment
10
11. Flow‐Through Shares
H D Fl th h h W k?H D Fl th h h W k?
The FTS program provides tax incentives to investors by allowing:
How Do Flow-through shares Work?How Do Flow-through shares Work?
• Deductions for resource expenses renounced by eligible corporations; and
• Investment tax credits for individuals (excluding trusts) on resource expenses in the
natural resource or renewable energy sector that qualifies as flow-through miningnatural resource or renewable energy sector that qualifies as flow through mining
expenditures
• In order for an investor to benefit from flow-through, the company must spend
flow-through dollars on resource exploration or development in Canada.flow through dollars on resource exploration or development in Canada.
11
13. S t i i V b d itt d t i
Introduction
Syntaris’ objective is to become a leading developer of small hydro projects in the Pacific Northwest.
Syntaris is a Vancouver-based green energy company committed to sourcing,
developing and operating clean, renewable hydroelectric projects.
Syntaris objective is to become a leading developer of small hydro projects in the Pacific Northwest.
The Company is aggregating a sizable portfolio of run-of-river hydro development projects.
With its strategic relationships and a growing development portfolio, Syntaris is well-positioned to participate in
the growth of the hydro industry in the Pacific Northwest.
The Company is in the process of building a premier run-of-river (“RoR”) power development portfolio of geographically
diverse, high quality, small hydroelectric (“hydro”) energy projects throughout British Columbia (“BC”), Canada and Alaska.
The Company is well positioned to realize the benefits of the recently announced BC Standing Offer Program (“SOP”)
which supports the development of clean energy in BC. The equity capital sourced in this offering will serve to further the
development of the clean energy opportunities described in this Overview and enable the Company to submit up to
263 MW i t th St di Off P th t 3 4263 MW into the Standing Offer Program over the next 3-4 years.
Financial Model and Electronic Data Room access will be provided to interested parties following the execution of a
Confidentiality and Non-Disclosure Agreement (“NDA”).
13
14. Introduction Footprint
Syntaris Power Corp
Introduction Footprint
Formed in 2006 and headquartered in Vancouver, Canada,
Syntaris is a private development stage company focused on
sourcing, developing and operating clean, renewable
run-of-river hydro projects in British Columbia.
The development team has aggregated an impressive
portfolio which includes a 15 MW of contracted,
near-construction hydro project, 158 MW of near-term hydro
projects, and 449 MW of mid-term and early-stage hydro, and
other projects. Over 263 MW is expected to be eligible to bidp j p g
into the BC Standing Offer Program.
Syntaris maximizes the amount of generation per dollar
invested by building run-of-river projects on steep terrain with
a large elevation drop to minimize the amount of pipe
required, and significantly reduce construction costs.q , g y
Projects are structured in “clusters” located close to existing
transmission infrastructure which reduces the cost burden for
each project.
Directors, corporate officers, independent shareholders and a
strategic co-development partner have funded Syntaris tostrategic co development partner have funded Syntaris to
date.
The Run-of-River Power Advantage
14
RoR allows Syntaris to utilize a “cluster” approach to develop its portfolio by structuring
development projects in “clusters” located close to existing transmission infrastructure
thereby leveraging the infrastructure of several projects to minimize costs and increase
returns.
15. ENMAX S ntaris Bid Corp formed as a
Company History
January 2007: Company begins
identifying small hydro power as the
most promising form of green power
in BC
ENMAX Syntaris Bid Corp. formed as a
strategic partnership with ENMAX
Corp. on Culliton Creek, Kinskuch
Lake, and Maselpanik Creek
Fort Chicago acquires
ENMAX stake in Culliton
Creek
Anticipated BC
May 2009: Enters into
strategic agreement with
Evergreen Power Corp.
Acquires and develops additional
assets and submitted
applications related to hydro
projects throughout BC
Hydro final SOP
pricing and
structure
2006 2007 3Q 10 4Q 101Q 10 2Q 102007 2008 2009
August 2010: Purchases certain assets related
September 2, 2008: Company
changes its name to Syntaris
Power Corp.
Awarded electricity
Submission of the
development plan
for Culliton
August 2010:
Merger of Syntaris
/ Evergreen
Purchases certain assets related
to the development of RoR hydro
projects in the Chilliwack Valley
December 28, 2006: “Max
Awarded electricity
purchase agreement
(“EPA”) for Culliton Creek in
the Clean Power Call
Request for Proposals
(“RFP”) process
1515
Pacific Power Inc.” is
incorporated
16. Syntaris has a diversified portfolio of run-of-river small hydro projects
Diversified Portfolio
y p y p j
in the highly attractive Pacific Northwest market.
Diversified Portfolio Portfolio Overview
Strategically located project sites across British Columbia and Alaska which
benefit from significant renewable energy generation opportunities
facilitated by aggressive government‐mandated renewable standards and
offtake programs.
Location Gross MW
Contracted Near‐Construction BC 15
Near‐Term SOP Eligible BC 82
British Columbia Run‐of‐River (“RoR”) Hydro
Location Gross MW
Contracted Near‐Construction BC 15
Near‐Term SOP Eligible BC 82
British Columbia Run‐of‐River (“RoR”) Hydro
Contracted 15 MW Culliton Creek project is near construction and has a
projected after-tax levered IRR of 25%.
Company has 26 accepted water license applications in 9 areas with a
corresponding development plan to submit 263 MW of project assets into
Near Term SOP Eligible BC 82
Mid‐Term SOP Eligible BC 181
263
Near‐Term RFP Eligible BC 76
Mid‐Term RFP Eligible BC 56
SOP Eligible Hydro:
Near Term SOP Eligible BC 82
Mid‐Term SOP Eligible BC 181
263
Near‐Term RFP Eligible BC 76
Mid‐Term RFP Eligible BC 56
SOP Eligible Hydro:
corresponding development plan to submit 263 MW of project assets into
the BC Standing Offer Program over the next 2-4 years. The company is
also aggressively investigating another 45 MW of project opportunities in
nearby or adjacent areas that show promising generation potential.
Access to additional renewable energy projects outside conventional hydro,
Total RFP Eligible Hydro: 132
Early‐Stage Prospects BC 45
Non‐Core Hydro Assets / Prospects BC 92
Total RoR Hydro: 547
Total RFP Eligible Hydro: 132
Early‐Stage Prospects BC 45
Non‐Core Hydro Assets / Prospects BC 92
Total RoR Hydro: 547gy p j y
including Pump Storage, through strategic initiatives or corporate
partnerships.
Location Gross MW
Soule River AK 75
Total Other Hydro: 75
Other Hydro
Location Gross MW
Soule River AK 75
Total Other Hydro: 75
Other Hydro
16
Total Development Portfolio 622Total Development Portfolio 622
17. Provincial Overview: British Columbia
BC Hydro’s Supply / Demand OutlookBritish Columbia Installed Capacity (2009)
Natural gas
Hydro
11,712 MW
91%
Natural gas
fired
1,043 MW
8%
Wind
104 MW
1%
Key OpportunitiesKey Market Drivers
Source: Canadian Centre for Energy. Source: BC Hydro.
BC government stated that 90% of the province’s electricity
supply will come from renewable energy.
Currently hydro generation provides 91% of BC’s electricity,
mostly from large storage dams.
According to the 2007 BC Energy Plan 2007, the private
t (IPP ) d t BC H d ill d l
In June 2008, BC Hydro issued a call for 5,000 GWh of
clean power and received 17,000 GWh in bids. 3,266 GWh
total awarded in 2010.
Standing Offer Program awarded to qualifying generators
with capacity >500 kW and <15 MW where output will be
h d b BC H d d l t El t i itpower sector (IPPs), and not BC Hydro, will develop new
sites in BC (with the exception of Site C).
Legislated reductions of 33% of GHG emissions by 2020
and imposed a carbon tax.
Government aims to be energy self-sufficient by 2016.
No major capacity additions since 1984; however, new
purchased by BC Hydro under long-term Electricity
Purchase Agreement.
Strong export opportunities with connections to Alberta and
the U.S., with framework supported by the recent Clean
Energy Act of BC.
Integrated Resource Plan is under development as a
17
capacity additions are planned for Mica and Revelstoke
Dams (this additional capacity will not provide more annual
energy, but will support additional renewable energy
production from IPPs).
government priority to stimulate BC renewables for export.
There may be interest from California to purchase
renewable energy from BC to satisfy Renewable Portfolio
Standards (“RPS”) requirements.
Planning the use of BC renewables in the WREZ process.
Source: BC Hydro.
Source: BC Hydro.
18. Hydro in British Columbia
BC Installed Hydro Electric PlantsHydro Overview
Canada’s Pacific coastal strip has rainfall in excess of
2,000mm a year (common to only 5% of the earth’s
surface), and up to 4,000mm a year in coastal areas.
BC generates approximately 91% of its electricity from
BC Installed Hydro Electric PlantsHydro Overview
g pp y y
hydro power.
• 72 hydro electric generating stations.
• 11,700 MW of installed hydro capacity.
• Most capacity from large BC Hydro storage
f ilitifacilities.
Small hydro is the most prevalent IPP technology in
BC and expected to remain the most popular going
forward.
• 400 water license applications filed since 2000.
• Low cost, modest transmission upgrades.
In 2007, BC Hydro and BC Transmission Corporation
(“BCTC”) commissioned Kerr Wood Leidal Associates
BC Hydro Potential
Source: Canadian Centre for Energy.
( BCTC ) commissioned Kerr Wood Leidal Associates
LTD to assess the run-of-river hydro resources for the
province. Key findings of the resulting report were as
follows:
• Identified over 8,000 potential run-of-river hydro
sites throughout BC.
1818
• Capacity of more than 12,000 MW and 50,000GWh
per year of small hydro projects in BC.
Source: Kerr Wood Leidel Associates.
19. RoR Development Pipeline
Stream Water
Site Location % Ownership Gross MW Site Control
Hydrology /
Feasibility
Gauge
Installed
License
Application
Development
Plan
SOP
Application EPA Award
Commence
Construction Potential COD
Contracted ‐ Near‐Construction
Culliton Creek BC 50% 15 Crown Land Complete Sep 2002 Accepted Aug 2010 N/A Mar 2010 Jan 2010 Apr 2013
Subtotal 15
Core Prospects
Kinskuch Lake
1 BC 100% 76 Crown Land Complete Jul 2008 Accepted Dec 2012 N/A Aug 2012 Aug 2014 Mar 2018
Maselpanik Creek
1 BC 100% 15 Crown Land Complete Oct 2006 Accepted Nov 2011 Jul 2012 Jan 2013 Mar 2013 Nov 2014
Chilliwack Cluster Chipmunk BC 100% 5 Crown Land Complete Oct 2007 Accepted Apr 2011 Dec 2011 Jun 2012 Aug 2012 Apr 2014
Airplane BC 100% 3 Crown Land Complete Oct 2007 Accepted Apr 2011 Dec 2011 Jun 2012 Aug 2012 Apr 2014
Marmot Cluster Marmot Creek BC 100% 15 Crown Land Complete Aug 2010 Accepted Sep 2011 May 2012 Nov 2012 Jan 2013 Sep 2014
Upper Marmot Creek BC 100% 12 Crown Land Complete Aug 2010 Accepted Sep 2011 May 2012 Nov 2012 Jan 2013 Sep 2014
Kate Ryan Creek BC 100% 15 Crown Land Complete Aug 2010 Accepted Sep 2011 May 2012 Nov 2013 Jan 2014 Sep 2015
Glacier Cluster Roosevelt Creek BC 100% 8 Crown Land Complete Aug 2010 Accepted Sep 2011 May 2012 Nov 2012 Jan 2013 Sep 2014
Glacier Creek BC 100% 9 Crown Land Complete Aug 2010 Accepted Sep 2011 May 2012 Nov 2012 Jan 2013 Sep 2014
Jade Lake Cluster Jade Lake BC 100% 15 Crown Land Complete Jul 2008 Accepted Jul 2013 Mar 2014 Sep 2014 Nov 2014 Jul 2016
Near‐Term
p p p
ZZ‐4 Creek BC 100% 8 Crown Land Complete Jul 2011 Accepted Jul 2013 Mar 2014 Sep 2014 Nov 2014 Jul 2016
Tchitin Creek BC 100% 12 Crown Land Complete Jul 2011 Pending Jul 2013 Mar 2014 Sep 2014 Nov 2014 Jul 2016
Glacier Cluster Barney Creek BC 100% 6 Crown Land Complete Aug 2010 Accepted Sep 2013 May 2014 Nov 2014 Jan 2015 Sep 2016
Anderson Cluster Anderson River BC 100% 10 Crown Land Complete Oct 2007 Accepted Nov 2012 Jul 2013 Jan 2014 Mar 2014 Nov 2015
Marmot Cluster Bulldog Creek BC 100% 8 Crown Land Complete Aug 2010 Accepted Sep 2012 May 2013 Nov 2013 Jan 2014 Sep 2015
Georgie Creek BC 100% 12 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
E Georgie Creek BC 100% 14 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
ZZ‐5 Creek BC 100% 8 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
Ashwood Lake
Cluster
m
g
ZZ‐6 Creek BC 100% 5 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
Ashwood Lake BC 100% 15 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
Wait Creek BC 100% 8 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
ZZ‐7 Creek BC 100% 5 Crown Land In Process Jul 2011 Pending Oct 2012 Jun 2013 Dec 2013 Feb 2014 Oct 2015
Carpenter Cluster Tommy Creek BC 100% 15 Crown Land Complete Oct 2010 Accepted Mar 2012 Nov 2012 May 2013 Jul 2013 Mar 2015
Keary Creek BC 100% 10 Crown Land Complete Oct 2010 Accepted Mar 2012 Nov 2012 May 2013 Jul 2013 Mar 2015
Downton Cluster Nichols Creek BC 100% 15 Crown Land Complete Oct 2010 Accepted Jul 2012 Mar 2013 Sep 2013 Nov 2013 Jul 2015
id i % d l d /
Mid‐term
Bridge River BC 100% 56 Crown Land Complete Oct 2010 Accepted Sep 2014 N/A Oct 2013 Jan 2015 Sep 2016
McParlon Creek BC 100% 15 Crown Land Complete Oct 2010 Accepted Jul 2012 Mar 2013 Sep 2013 Nov 2013 Jul 2015
Alaska Hydro
Gateway
Soule River Alaska 85% 75 National
Forest
Complete Nov 2007 N/A Oct 2010
(FERC)
N/A Dec 2012 Apr 2013 Jun 2015
Subtotal 470
Early Stage Prospects
2 BC 45 more than 50% complete
Non‐Core Hydro Assets / Prospects
2 BC 92
1919
TOTAL HYDRO ASSETS 622
1) Fort Chicago has the option to purchase up to 50% of the Kinskuch Lake project up to EPA and an option to purchase 50% of the Maselpanik Creek project until the transmission performance security is due.
2) Refer to Exhibit E for a list of Early Stage Prospects and Non‐Core Hydro Assets / Prospects.
20. Canadian Hydro Overview
Canada is one of the largest producers of hydroelectricity in the world producing about 13% of the world’s Canada is one of the largest producers of hydroelectricity in the world, producing about 13% of the world s
total.
Hydropower accounts for 97% of Canada’s renewable electricity generation, and 60% of Canada’s total
electricity generation (3 times the global average).
77% f l t i it “ l ” (i iti ti t i t 90% b 2020) 77% of electricity sources are “clean” energy (initiatives to increase to 90% by 2020).
Canadian installed hydro capacity was 67,655 MW as of December 31, 2009.
• 475 hydro power generating plants.
• Produce an average of 355 terawatt hours per year (2nd in the world behind China).
• 1 terawatt hour is enough electricity to heat and power 40,000 houses.
Canadian Electricity Capacity by Energy Source Canadian Electricity Generation by Source
Coal fired
15,839 MW
14%
Natural gas
fired
12,961 MW
11%
Hydro
67,655 MW
59%
Nuclear
12,612 MW
11%
Petroleum fired
3,116 MW
3%
Wind
2 579 MWTid l
2020
Source: Canadian Centre for Energy.
2,579 MW
2%
Tidal
20 MW
0%
Source: EIA International Energy Annual..
21. Small Hydro Potential in Canada
Canadian Hydro Potential
A recent inventory of Canadian small hydro sites identified over 5,500 sites with a technically
feasible 11,000 MW.
Small Hydro Potential in Canada
• Only 15% of which are feasible under current prices, socio-economic conditions and current
state-of-the-art.
• Reduction in capital costs of 10-15% could make an additional 2,000 MW capacity economically
feasible. Source: www.Small-Hydro.com.
Undeveloped Hydro Potential by Province
Quebec
British
Columbia
33,137 MW
21%
The undeveloped hydro technical
potential in Canada totals more 44,100 MW
27%
21%
Yukon
17,664 MW
11%
potential in Canada totals more
than 163,173 MW.
• British Columbia’s undeveloped
hydro potential is 33,137 MW.
Alberta
11,775 MW
7%
Northwest
Territories
Ontario
Others
21
Source: Canadian Hydropower Association.
11,524 MW
7%
Ontario
10,270 MW
6%
34,703 MW
21%
22. All communications or inquiries relating to the investment opportunity
described in this Overview should be directed to the following:
Syntaris Power Corp.
Suite 600 – 999 West Hastings
Vancouver, BC V6C 2W2
22
Tel: 778 329 9629 Fax: 778 329 9626
www.syntaris.com
23. Disclaimer
This Opportunity Overview (“Overview”) does not constitute an offer or a solicitation of an offer in respect of any securities or assets
described in this Overview. The information in this Overview is provided solely for discussion and evaluation purposes. The opportunity
discussed in this Overview and the information provided is subject to change without notice. The information may contain statements
which are either missing information or which assume completion of matters expected to be completed in the future. Accordingly, this
Overview does not purport to be all-inclusive or to contain all the information that may be required in relation to such discussions or for an
l ti f t it Thi O i h ll t f th b i f t t it t Thi O i d t tit tevaluation of any opportunity. This Overview shall not form the basis of any contract or commitment. This Overview does not constitute
investment, legal, tax or other advice, and does not take into consideration the investment objectives, financial situation or particular needs
of any particular investor.
Although all reasonable care has been taken to ensure that the information given in this Overview is accurate, it has not been
independently verified. Accordingly, no representation or warranty, expressed or implied, is made in relation to the accuracy or
completeness of the information and opinions expressed in this Overview and, to the maximum extent permitted by law, any and all liability
in respect of such information and opinions is hereby expressly excluded, including, without limitation, any liability arising from fault or
negligence, for any loss arising from the use of this information or otherwise arising in connection with it. No responsibility is accepted by
Syntaris Power Corp (“Syntaris” or the “Company”), or any of its directors, representatives, officers, employees, agents, advisors,
associates nor any other person for any of the information or for any action taken by you on the basis of the information or opinions
expressed in this Overview.p
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