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 AFFECTED..............6
 affected  by the retroactivity, and the idea of legal fiction was only raised as a subsidiary 664
risks) can be  affected  by retroactivity. 692
relation to the persons  affected . In a sense, then, we have come full circle and are back to 1400
Section VIII of the Quebec Act: where the people  affected  are litigants, their civil rights are in 1400
 affected  following the cancellation of sale contracts. 2946
shareholders, for the previous years  affected  by the retroactivity of the transaction in question.3240
 
 AFFECTING.............1
annulled. However, where conditional obligations  affecting  immovables were involved, that land 298
 
 AFFIRMATION...........1
property even though legal ownership remained with the seller as security, this  affirmation  is 1528
 
 AFFIRMATIVE...........1
In M.N.R. v. Faure, the Supreme Court answered this question in the  affirmative . The 2294
 
 AFFIRMED..............3
Thus, while Cattanach J.  affirmed  in the second part of the test that the buyer acquired the 1528
This is the only ground on which the Federal Court of Appeal  affirmed  the judgment by the 4434
D.T.C. (Ex. C.R.),  affirmed  by D.T.C. (S.C.C.). 4448
 
 AFFIRMING.............3
and civil law, there are many others  affirming  their principled complementarity, excluding thereby 1328
 affirming  that the definition of disposition in the Act is not exhaustive and must be given a broad 1634
Perini Estate v. The Queen, D.T.C. (F.C.A.),  affirming  D.T.C. (F.C.T.D.);3714
 
 AFFORDS...............1
taxpayers in Quebec the same benefits that this concept  affords  the taxpayers in the common 1762
 
 AGENCY................41
. CANADA CUSTOMS AND REVENUE  AGENCY S ADMINISTRATIVE POSITION 56
Canada Customs and Revenue  Agency  adequately recognize the unique features of civil law 144
as well as the  Agency s administrative position. The fourth and final chapter is a critical 158
ignored or assimilated to  agency  relationships and governed by the rules applicable to such 1030
during this time, in particular those of the  Agency . This is the opinion of Pratte J. in Hillis: 2558
the  Agency : 2578
. CANADA CUSTOMS AND REVENUE  AGENCY S 2584
Let us review the  Agency s position on disposition in general and on conditional obligations in 2586
particular. The different positions taken by the  Agency  will be explained in chronological order 2588
The way in which the  Agency  treats suspensive and resolutory conditions is explained in 2648
The  Agency  takes the position that in the case of a suspensive condition there is a disposition 2662
 Agency . 2682
Practitioners would nonetheless find it helpful if the  Agency  could clarify its position as to 2908
To conclude, the current position of the  Agency  on conditional obligations can be summed up as 2964
In fact, considering the cases reviewed above, we do not believe that the  Agency s position on 3018
However, the  Agency  maintains that the Court of Appeals interpretation in Construction 3028
). The  Agency  expresses its opinion as follows: 3030
The  Agency  is therefore of the view that the decision of the Federal Court of Appeal in 3038
Therefore, the  Agency s interpretation is that paragraph ()(f) could not support a transfer 3042
We believe the  Agency  did not agree with the decision of the majority of the Federal Court of 3048
As we have seen, the  Agency s position on suspensive conditions distinguishes between cases in 3250
 Agency s position in this situation is that the disposition occurs at the moment the condition is 3258
The  Agency s position makes it harder for the taxpayer, especially as far as tax planning is 3262
Nonetheless, we do not believe the  Agency s position to be well founded under the current law 3270
The  Agency s position is that when possession of the property has been immediately transferred 3346
Consequently, in our opinion the  Agency s position is not founded in law. 3354
occur until the suspensive condition is fulfilled. This rule is recognized by the  Agency  where the 3356
Ironically, when the  Agency s position is applied to a suspensive condition that has been 3362
was signed, while according to the  Agency s position, there is a disposition for tax purposes 3366
The  Agency  takes the view that there is a second disposition, this time in favour of the seller, 3368
shares. The  Agency s position is that a disposition occurs, in a sale subject to a suspensive 3396
The  Agency  justifies its position by arguing that the Act read as a whole, does not allow it to 3406
to allow the  Agency  to reassess and claim any amounts due in such instances. Moreover, the 3410
fails, and the contract was signed, in the same tax year. The  Agency  nonetheless takes the 3414
If a resolutory condition is involved, the  Agency s position is that a disposition occurs when the 3416
As discussed earlier, in our opinion the  Agency s position is not well founded in law in light of 3430
The  Agency s refusal to recognize resolutory conditions gives rise to the same problems 3438
Likewise, the  Agency  feels that sections and . I.T.A. could apply in such circumstances. 3440
possession, use and risk. We therefore believe the  Agency s position is erroneous.3448
amended to allow the  Agency  to reassess a particular year, even if it falls outside the normal 3474
Hereinafter the  Agency or the CCRA. 4004
 
 AGENT.................6
nonetheless would in some way have acted as mandatary ( agent ) for the owner subject to a 588
price, which was to be held in trust by the real estate  agent  until the conditions were satisfied. If 1428
who can be described as an  agent , nominee, trustee or prête-nom corporation of a vendor 2604
entente exécutoire par laquelle le vendeur est constitué  agent  de lacheteur pour la 2872
lacheteur, malgré lexistence dune entente par laquelle le vendeur est constitué  agent  de 2878
appointing the vendor as the purchasers  agent  for this period....The date of disposition of 2896
 
 AGREE.................19
A promise of sale is a bilateral pre-contract by which both promisors  agree  to enter into a 882
where certain formalities must be completed. The mere fact that the parties  agree  to 922
simultaneously by a legal owner and a beneficial owner. We  agree  with Noël J.A.s 1500
Limited, supra, (with which I fully  agree ) I find that there was in the circumstances of the 1654
We believe Noël J.A. correctly interpreted the law and  agree  with his conclusions, notably his 1754
However, I  agree  with him that subsection () of the Income Tax Act (the Act) evidences 1760
For reasons already discussed, we cannot  agree  with the majoritys conclusion in this case. We 1862
I  agree  with Professor Bruneaus analysis. In , the immoveable passed from Mr. Demers 2356
We are just as unable to  agree  with the Tax Court of Canadas decision in this case as with Me 2360
I  agree  with appellants counsel that the wording of subsection () of the Income Tax Act 2488
We feel this position accurately reflects the law. We can not  agree  with the second approach, 2568
other legal concepts such as ownership. We  agree  with Me Joel Nitikman when he states:2572
purchaser and vendor  agree  that the transaction will be regarded as effective as at a previous 2800
both parties to the transaction  agree  that the effective date should be used;3008
transaction  agree  to use the effective date (which appears self-evident in the case of a contract), 3016
For the reason expressed previously, we  agree  with this interpretation of paragraph ()(f) 3046
We believe the Agency did not  agree  with the decision of the majority of the Federal Court of 3048
is transferred. We  agree  with Noël Js statement in Construction Bérou that Wardean Drilling 3286
makes it impossible for us to  agree  with the cases: the propertys increased value should be 3554
 
 AGREED-UPON...........1
the essential elements of the contract. The  agreed-upon  date cannot, however, be earlier 1138
 
 AGREEING..............1
The law presumes that the parties, under the circumstances, are  agreeing  that the sale takes full 902
 
 AGREEMENT.............56
Thus, with a suspensive condition, the occurrence of the event causes the  agreement  to have 194
If a new law comes into effect between the date of the  agreement  and the date on which the 342
 agreement  states otherwise or where it is a consumer contract. This rule runs counter to the 820
been stipulated may request that the  agreement  be annulled. 832
subsequently memorialize their  agreement  in writing does not postpone the formation of the 924
transferred prior to that time, since the  agreement  between the parties is the legal cause, and an 936
A condition precedent is one that is to be performed before the  agreement  becomes effective, 1054
is subject to the fulfilment of a condition precedent does not become a binding  agreement  until 1060
In the event the condition is not met or waived, then the  agreement  is void ab initio; it has never 1088
A condition subsequent is an  agreement  between the parties that the contract is immediately 1110
Can the parties to a contract validly stipulate that their  agreement  came into force at a date that 1134
came to a definitive  agreement , whether oral, or memorialized in a written letter of intent, on all 1138
than the moment at which the  agreement  between the parties became binding and legally 1140
contract was duly signed, or if the initial  agreement  was subject to a condition precedent, the 1142
the total tax there is only an inchoate liability created by the making of the  agreement  : and to 1296
In December , the parties signed an  agreement  to sell a hotel owned by the appellant. The 1424
 agreement  stipulated that the buyer would take possession on January , , and that the sale 1426
Mid-City Motors, D.L.R. , in which it was held that a conditional sale  agreement  1512
...In my opinion, the whole effect of the  agreement  ...is to transfer to the buyer the property in 1518
Ltd. (No. ). This case involved a conditional sale  agreement  in which ownership was 1540
The rights of the parties arise out of the  agreement  filed as Exhibit and full consideration must 1622
the law of the Province of Quebec as applied to the relationship created by the  agreement  1624
In the case at Bar, the Plaintiff had, after executing the  agreement  and upon delivering 1642
which was payable to it. Any additional rights to which it was entitled under the  agreement  were 1648
rescission of the  agreement  of sale occurs... 1902
destroyed. The parties may nonetheless modify these effects by mutual  agreement . Faribault 2072
than the signing date, as long as the parties had reached a definitive  agreement  on this earlier 2238
tax purposes, had occurred as soon as the parties entered into a binding  agreement . 2250
The taxpayer in this case had agreed, in a letter of  agreement  signed in , to sell certain lots 2250
disposition based on a binding  agreement  test: he examined the letter of agreement and held that 2252
disposition based on a binding agreement test: he examined the letter of  agreement  and held that 2252
in the letter of  agreement , except for a few details. The judge held that the sale had taken place 2256
as soon as the letter of  agreement  was signed, and that it was therefore at this moment that a 2256
Miller v. The Queen. The taxpayer, a teacher, was party to a collective  agreement  that 2260
expired in December . Arbitration ensued and the new  agreement , to take effect in , 2262
Perini Estate and that the retroactive effect stipulated by the parties in their  agreement  had to 2268
relationship would be governed on the basis of the retroactive  agreement . This involved the 2278
but legally binding  agreement  at this earlier date; an offer must have been accepted and all the 2288
been such an  agreement . 2290
Lower Canada. Their prenuptial  agreement  contained a right of survivorship clause.2298
 agreement  preceded the tax debt, the amount had been paid to the spouse three years later. The 2328
retroactive to the date of the  agreement  that created the giving in payment. For the purposes of 2358
 agreement  or an instalment sale. We also believe that this test, were it to be adopted in Quebec, 2530
If a retroactive  agreement  is binding as between the contracting parties in a provincial court then 2578
system. The fact that the Minister was not a party to the amending  agreement  is completely 2580
irrelevant; he was not a party to the original  agreement  but there is no doubt he is bound by it as 2582
commercial practice under a conditional sale  agreement ). 2616
determining a date of disposition unless it is made a condition precedent of the  agreement .2658
disposition for income tax purposes even if the  agreement  restores the vendor and purchaser to 2680
business will not occur until approval of Investment Canada is received. Any  agreement  2810
income arising before the transfer will not belong to the purchaser regardless of an  agreement  2896
the purchase and sale  agreement  stipulates both an effective and a closing date;2996
the terms of the  agreement  are such that the beneficial ownership and assumption of liabilities 2996
there are no conditions precedent to be met under the purchase and sale  agreement  and all 3000
 agreement  only serves to confirm that the parties agreed on the essential elements of the 3020
Condition pending: a reference to the period between the signature of an  agreement  and the 4060

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