Pinard J.:

Noel J.A.:

Evans J.:

Strayer J.A.:

The appellant has not demonstrated any error in the decision of the Tax Court Judge to strike the notice of appeal because it disclosed no reasonable grounds for appeal. This appeal will therefore be dismissed.

Strayer J.A.:

This is an appeal from a judgment of the Tax Court of Canada. It concerns the characterisation of certain moneys paid by the appellant to holders of its debentures in the course of buying back those debentures.

Strayer J.A.:

We are all of the view that the appellant’s constitutional argument cannot succeed.

Létourneau J.A. (Strayer J.A. concurring):

Stone J.A.:

This appeal is from a decision of the respondent dated November 30, 1995, giving notice to the appellant pursuant to paragraph 168( 1 )(/?) of the Income Tax Act[1] (the “Act”) that the respondent proposed to revoke the registration of the appellant as a charitable organization on the date of publication of that notice.