Abbott,
J.
(orally
for
the
Court)
:—We
are
all
of
opinion
that
the
expenditure
of
$1,932,150
made
by
the
Hydro-Electric
Power
Commission
of
Ontario
was
not
an
expenditure
which
can
be
taken
into
account
in
determining
the
capital
cost
to
appellant
of
its
depreciable
property
within
the
terms
of
Section
11(1)
(a)
of
the
Income
Tax
Act.
The
appeal
must
therefore
be
dismissed
with
costs.
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