Falkener v. The Queen, 2007 DTC 1470, 2007 TCC 514 (Informal Procedure) -- summary under Subsection 31(1)

The taxpayer, who maintained a herd of approximately 15 llamas and who also (after initially relinquishing his licence as an insurance adjuster and then getting it back after the opening up of Canada to llama imports caused their price to drop precipitously) earned approximately $80,000 a year from doing freelance insurance adjustment work, was found to have his farm as the centre of his work routine, and was able to deduct his persistent losses without limitation.