Subsection 80.3(2) - Income deferral from the destruction of livestock
20 November 1991 T.I. (Tax Window, No. 13, p. 19, ¶1602)
S.80.3 is broad enough to apply where Agriculture Canada has ordered the destruction of livestock in exchange for a guaranteed price per animal, and the taxpayer chooses to use a slaughterhouse, and to receive compensation from the slaughterhouse that is less than or greater than the guaranteed price.