CRA does not consider the change-of-use rules to apply to conversions of depreciable property to inventory

CRA has published its statement made at the 2013 Annual CTF Conference that it will not follow the statements in C.A.E. that the change of use rules apply to the conversion of inventory to depreciable property or vice-versa, so that CRA will not be changing its general position on the change in use rules in IT-102R2 and IT-218R.

Neal Armstrong.  Summary of 26 November 2013 Annual CTF Roundtable, Q.2, 2013-0493811C6 under s. 45(1)(a).