30 May 2007 External T.I. 2006-0200271E5 F - Bien agricole et résidence principale -- summary under Paragraph 110.6(1.3)(c)

In the course of a general discussion, CRA stated:

In determining whether an asset is used principally in the business of farming, it is our view that that requirement is met where more than 50% of the use of the property is in the business of farming.