While RRSP have been available since 1957, Flow Through Shares have been available since 1954. Flow-Through Shares are a tax-advantaged investment in the Canadian natural resource sector. Taxpayers can reduce their taxable income and receive refundable or non-refundable tax-credits depending on their province of residency
In certain provinces like British Columbia, CRA allows a 140% tax deduction. When the investment matures, it is preferentially taxed at 50% as capital gains.
The government allows this preferential tax treatment to promote investing in the resource sector of Canadians provinces.
Many experts are saying that we are halfway through a secular bull run in several mining metals which may make this type of investing even more attractive.
The investment company Outward Branch Consulting promotes has successfully returned investor money with after-tax profits for the past decade.