XML 49 R34.htm IDEA: XBRL DOCUMENT v3.20.4
Note 27 - Related Party Transactions
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
27.
Related party transactions
 
As at
December 31, 2020,
the Company had
$3,356
of loans receivable from non-controlling shareholders (
2019
-
$3,430
). 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
4.0%.
These loans are due on demand or mature on various dates up to
2026,
but are open for repayment without penalty at any time.
 
See note
19
for discussion of an arrangement between the Company and Jay S. Hennick, its CEO.