That's correct. It really applies to the holding of them as inventory and this one specific lower of cost and market method.
On November 17th, 2016. See this statement in context.
On November 17th, 2016. See this statement in context.
November 17th, 2016 / 4:25 p.m.
Acting Chief, Tax Legislation Division, Tax Policy Branch, Department of Finance
That's correct. It really applies to the holding of them as inventory and this one specific lower of cost and market method.
See context to find out what was said next.