Hugessen, J.A. (McDonald agreeing):—The question raised by this appeal is whether a transaction which is structured in such a way that it cannot possibly produce a trading profit may nonetheless be an adventure in the nature of trade. More

Reed, J.:—The defendant is a trader in commodity futures. The transactions to which the present case relates are the purchase and sale of actual physical quantities of gold and silver bullion.

Giles, A.S.P.:—This is one of three associated current files involving David Brough and Satellite Earth Technology Inc. This file involves an income tax appeal.

Hugessen, J.A.:—We are not satisfied that the trial judge erred in law. The provisions (now repealed) of the Excise Tax Act, R.S.C. 1985, c. E-15, which were in issue are clear and unambiguous; the manner in which they were

Wetston J.:—This is an appeal in the form of an action pursuant to subsections 172(2) and 175(3) of the Income Tax Act, R.S.C. 1952, c. 148 (am. S.C. 1970-71-72, c. 63) (the “Act’’), brought by the taxpayer Ross J.

Linden, J.A. (Mahoney, MacGuigan, JJ.A., concurring):— This is an application for judicial review of a decision of Judge Taylor of the Tax Court of Canada in which it was held that a monthly housing subsidy paid to the respondent in

Mahoney, J.A.:— This is an application for judicial review of a decision of the Tax Court of Canada given in an appeal by the applicant from her 1990 and 1991 income tax assessments. Her income for the years in issue consisted entirely of