Note 26 - Related Party Transactions

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

26.      Related party transactions

As at December 31, 2023, the Company had $2,778 of loans receivable from non-controlling shareholders (2022 - $3,615). The majority of the loans receivable represent amounts assumed in connection with acquisitions and amounts issued to non-controlling interests to finance the sale of non-controlling interests in subsidiaries to senior managers. The loans are of varying principal amounts and interest rates which range from nil to 7.55%. These loans are due on demand or mature on various dates up to 2032 but are open for repayment without penalty at any time.