The Queen v. Stirling, 85 DTC 5199, [1985] 1 CTC 275 (FCA) -- summary under Adjusted Cost Base

The word "cost" in s. 54(a) "means the price that the taxpayer gave up in order to get the asset; it does not include any expense that he may have...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.