The government's income trust decision has created a number of nasty surprises for Canadians, not the least of which will be a deemed disposition on December 31, and a deemed disposition possibly at a value in excess of the value of the units. Have you been approached about some transitional provisions to assist Canadian taxpayers who will have some very nasty surprises coming into this year?
Evidence of meeting #56 for Finance in the 39th Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was cra.
A recording is available from Parliament.