Bowman T.C.J.:

This appeal is from an assessment under section 160 of the Income Tax Act. By that assessment the Minister of National Revenue assessed the appellant in the amount of $72,923.61 on the basis that on July 9, 1990 the appellant’s spouse, Paula Wainberg, transferred to him for $1.00 her 50% ownership of the matrimonial home at a time when she owed tax for 1986 and 1988 in the amount of $73,187.77. The amount of Paula Wainberg’s tax liability is not disputed.

Hamlyn T.C.J.:

These appeals are in respect of the Appellant’s 1991, 1992, 1993 and 1994 taxation years.

The Project

The project is the building of a wood frame Spitfire replica.

Somers D.J.T.C.:

This appeal was heard in Renfrew, Ontario, on July 13, 1998, pursuant to the Informal Procedure of this Court, concerning the Appellant’s 1994 taxation year.

The issue in this case is whether the Appellant is entitled to an amount for mental or physical impairment pursuant to section 118.3 of the Income Tax Act (the “Act”) in the computation of his non-refundable tax credits and tax payable for the 1994 taxation year.

Lamarre Proulx T.C.J.:

This is an appeal pursuant to the informal procedure from an assessment bearing No. 09033, dated July 4, 1996, made under s. 227(10) of the Income Tax Act (“the Act”) concerning an amount payable by the appellant under s. 227.1 of the Act. That section provides that directors of a corporation which has failed to remit source deductions made on the salaries of the corporation employees shall be jointly and severally liable.

Brulé T.C.J.:

This is an appeal for the 1991 and 1992 taxation years in which the Appellant claimed certain business expenses which were disallowed by the Minister of National Revenue (the “Minister”) and an amount of added unreported income was included in the reassessment.

Watson D.J.T.C.:

The Minister’s motion, requesting a dismissal of the appeal on the grounds that no Notice of Objection was served for the 1991 and 1992 taxation years, was heard in Vancouver, British Columbia, on June 22, 1998.

Bell T.C.J.:

Issues:

The issues in this appeal, as stated in the Notice of Appeal and Reply to the Notice of Appeal are:

(a) whether the Appellant had a reasonable expectation of profit from certain activities carried on by him in the 1991 and 1992 taxation years, and

(b) whether the expenses incurred and claimed by the Appellant were incurred for the purpose of gaining or producing income from a business within the meaning of paragraph 18( 1 (a) of the Income Tax Act (‘'Act").

Bowman T.C.J. .

These appeals are from assessments for the 1986 and 1987 taxation years. The issue is whether the appellant, having acquired for $4,000,000 a chain of two Canadian corporations and a U.S. corporation, is entitled to a capital loss in 1986 of about $113,000,000 when the two Canadian companies are wound up and the U.S. company is sold for $20.00.

The facts are relatively uncomplicated.

Teskey T.C.J.:

The Appellant, Fred C. Hansen, a businessman and consultant, appeals his assessments of income tax for the years 1988, 1990, 1991, 1992 and 1993.

The Appellant, H. Robert Hemming, a chartered accountant appeals his assessments of income tax for the years 1993 and 1994.

The Appellant, John Amirault, a professional engineer, appeals his assessments of income tax for the years 1991, 1992 and 1993.

These three appeals were heard on common evidence.

Hamlyn T.C.J.:

This appeal is in respect of the Appellant’s 1988 taxation year.

Admissions from the Pleadings

The Appellant, The Great-West Life Assurance Company (“GWL”), in its Notice of Appeal, states the following:

1. The Appellant is a corporation incorporated under the laws of Canada and has its head office at 100 Osborne Street N., Winnipeg, Manitoba, R3C 3A5.