11 June 2010 External T.I. 2010-0354881E5 F - Traitement fiscal de la FNACC -- summary under Paragraph 45(1)(a)

CRA indicated that where the taxpayer ceased to use a class of depreciable property (a Canadian film and video production ("CFVP") included in Class 10) to generate income, the resulting deemed disposition under s. 45(1)(a) resulted in a terminal loss under s. 20(16).