La
Forest
J.
(orally;
L’Heureux-Dubé,
Sopinka,
Cory,
McLachlin,
We
agree
with
the
conclusion
reached
by
the
Tax
Court
and
Mr.
Justice
McDonald,
the
dissenting
judge
in
the
Court
of
Appeal.
In
our
view,
in
the
circumstances
of
this
case,
the
property
retained
its
character
as
inventory
in
the
hands
of
the
appellant.
Accordingly,
the
appeal
is
allowed
with
costs
throughout,
the
judgement
of
the
Court
of
Appeal
is
set
aside,
and
the
judgement
of
the
Tax
Court
is
restored.
Appeal
allowed.
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