The section 04 mechanic is the genuinely portable idea in today’s log, and the Canadian version is well-worn: an estate freeze under section 86 or section 85 of the Income Tax Act. You exchange your common shares for fixed-value preferred shares; new growth shares are issued to a discretionary family trust. Your personal exposure is capped at today’s value, and everything Geomechanica becomes from here accrues outside your hands.

The reason it matters here is different from the American reason. Canada has no estate tax — but it has a deemed disposition at fair market value on death, which taxes the entire accrued gain in the year you die. A freeze fixes the number that event will be measured against. Lefkofsky’s and Schwab’s behaviour is the operating discipline that goes with it: once value is moved, you stop treating that pocket as spendable. The structure only works if you never raid it.