Brulé, T.CJ.:—

Brulé, T.C.J.:—

Sarchuk, T.C.J.:—Joe's & Company Ltd. (Joe's) appeals from assessments to tax with respect to its 1974 and 1975 taxation years. The appeals were heard together although the issues raised in each case are separate and distinct.

Taylor, T.C.J.:—This is an appeal heard in Toronto, Ontario, on September 25, 1985, against income tax assessments for the years 1979, 1980 and 1981 in which the Minister of National Revenue disallowed, "farming losses" in the amounts of $7,005.11, $5,778.32

Sarchuk, T.C.J.:—The appeal of Frank L. Stromotich, (Stromotich) relates to the 1983 taxation year. The respondent, in reassessing the appellant, did not take into account when calculating his liability for tax in that year any amount of business investment

Kempo, T.C.J.:—

Sarchuk, T.C.J.:—The appellant Gregory J. Power (Power) resides in St. John's, Newfoundland. He was the owner of approximately 136 acres of land situated near St. John’s which land was under option in January, 1980, and was sold under the option in

Sarchuk, T.C.J. [ORALLY]:—The appellant, Fevang Farms Ltd. (Fevang), appeals from a reassessment with respect to its 1977 taxation year. Fevang was the owner of an 85-acre property located within the town limits of High Prairie, Alberta. In 1977 the land

Brulé, T.CJ.:—

Issue

This is an appeal by the executors of the estate of the late Wilbert Pear- don from an assessment of income tax for the 1980 taxation year.

Rip, T.C.J.:—The appellant appeals from notices of reassessment for 1976, 1977, 1978 and 1979 which were prepared by the respondent, the Minister of National Revenue, on a net worth basis. The following table describes the amounts of income from the