Canada Trustco Mortgage Co., v. The Queen, 2005 DTC 5523, [2005] 2 S.C.R. 601, 2005 SCC 54

McLachlin C.J. and Major J. stated (at para. 20):

If a deduction against taxable income is claimed, the existence of a tax benefit is clear, since...

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The taxpayer purchased trailers from the U.S. user of the trailers ("TLI"), with the taxpayer appointing TLI as its agent to hold title on its...

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The Court stated (at 5528) that s. 248(10) has application:

"where the parties to the transaction 'knew of the ... series, such that it could be...

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In indicating that judges should not apply taxation policies that are not grounded in the specific provisions of the Act, McLaughlin C.J. and...

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In the course of a general introduction, McLachlin CJ stated (at para. 10):

The interpretation of a statutory provision must be made according to...

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