See Also
Harvey v. R., 98 DTC 1089, [1997] 3 C.T.C. 3022 (TCC)
Given that minors could not contract and be parties to a proper loan, the taxpayer was found to have transferred funds to his infant children for purposes of s. 75(1) when monies transferred by him to them was evidenced by demand promissory notes signed on their behalf by his wife.