26 June 2009 Internal T.I. 2009-0319501I7 F - Résidence reçue en héritage - PBR -- summary under Subsection 26(3)

The adjusted cost base of property inherited by the taxpayers prior to December 31, 1971 was to be determined based on its fair market value on such date in accordance with the median rule in ITAR 26(3).