M J Bonner:—The appellant has been assessed to tax on capital gains realized on the sale, in 1972 and 1973, of shares of Canadian Hidrogas Resources Ltd (hereinafter called “the company’’). The company was a public company, the shares of which
Roland St-Onge [TRANSLATION]:—The appeal of Mr Gilles Maillé came before me on May 31, 1978 at Sherbrooke, Quebec. The Board must decide whether property transactions occurring in the 1973 taxation year gave rise to capital gains or business income.
Guy Tremblay [TRANSLATION]:—This case was heard in Quebec City, Quebec on December 8, 1977.
Guy Tremblay [TRANSLATION]:—This case was heard in Montreal, Quebec on May 16, 1978.
Guy Tremblay [TRANSLATION]:—The case at bar was heard jointly with the cases of Jean-Pierre Laurin (77-1289), Jean-Guy Laurin (77-1288) and Laurent Laurin (78-63) in Montreal, Quebec on May 17, 1978.
The reasons for judgment given in the case of Jean-Pierre Laurin apply mutatis mutandis to the case at bar.
The appeal is allowed in part and the whole is referred back to the respondent for reassessment in accordance with the above-mentioned reasons for judgment.
Guy Tremblay [TRANSLATION]:—The case at bar was heard jointly with the cases of Jean-Pierre Laurin (77-1289), Hubert Laurin (77-1308) and Laurent Laurin (78-63) in Montreal, Quebec on May 17, 1978.
The reasons for judgment given in the Jean-Pierre Laurin case apply mutatis mutandis to the case at bar.
The appeal is allowed in part and the whole is referred back to the respondent for reassessment in accordance with the above-mentioned reasons for judgment.
Appeal allowed in part.
Guy Tremblay [TRANSLATION]:—This case was heard at Montreal, Quebec on May 17, 1978, on common evidence with the cases of Jean-Guy Laurin (77-1288), Hubert Laurin (77-1308) and Laurent Laurin (78-63).
Roland St-Onge [TRANSLATION]:—The appeals of Mr Georges Bouthiette and Léon Tétrault et Fils Inc came before me in Sherbrooke, Quebec on May 30, 1978. These appeals were brought against income tax assessments for the 1973 and 1974 taxation years.
Guy Tremblay [TRANSLATION]:—This case was heard at Montreal, Quebec on July 10, 1978.
Roland St-Onge [TRANSLATION]:—The appeal of Mr Denis Lacasse came before me on June 22, 1978 at Montreal, Quebec. The question was whether a real estate transaction which took place in the course of taxation year 1973 gave rise to a capital
